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430 Oak Grove Rd, Suite 5
PO Box 170818
Spartanburg, SC  29301
864-431-3455

gfrazier@frazier-law.com

Initial phone consultation is free of charge. Call for an appointment: 864-431-3455

Copyright © 2006-2009 Gary M. Frazier

  Flat Fee vs. the Billable Hour

Typically, when you hire a lawyer you pay a certain amount up front (called a retainer) and the lawyer bills you hourly for all the work he or she (and the staff) does on your case.  Your hourly charges are billed against that retainer and when that is used up, you give the lawyer more money. Until the conclusion of your case, you keep paying, and the lawyer keeps billing you by the hour, usually in 6 minute increments for everything he or she does on your case--and I literally mean everything. Spend 10 minutes on the phone talking with your lawyer about a question you have and you'll see that call on the next month's billing statement: "Phone consult with client: 0.2 hrs." And depending on what your lawyer's hourly rate is, that one phone call can cost you anywhere from $30 to $100 or more. With flat fee billing, you've already paid for that phone call--and every phone call--up front.

Paying a lawyer by the hour to handle your case makes budgeting for your legal fees difficult. Hourly billing is open-ended, and puts you, the client, in the position of not knowing how much your divorce or other Family Court matter is going to cost until your case settles or at the conclusion of the trial when the judge issues the final decree. With flat fee billing, you know before your case even starts how much you're going to have to pay your lawyer. The only variables are costs and expenses, and I always work with clients to keep those as low as possible.

A flat fee gives you the certainty of knowing what the total expense for legal fees will be. You don't have to worry about monthly statements that list every letter, fax, phone call, and e-mail and what you had to pay for each one based on the time that was spent doing them. And since very few matters in Family Court are decided quickly, you won't go for months worrying about how much your legal fees will ultimately be and how you're going to pay for them. With a flat fee you know from the start and can budget accordingly

 

 

 

 

 


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