Horne Law offers a variety of fee arrangements to fit your situation and individual resources.
Depending on the case, possible fee arrangements may include (1) hourly billing, (2) flat fees, (3) contingency agreements, or (4) a hybrid agreement, combining some combination of the first three.
The fees will be set forth in an engagement agreement, which also sets out your rights and responsibilities as well as the firm’s commitment to you. However, the firm’s representation will not begin until a written engagement agreement agreeable to you and the firm is executed
Hourly Billing. The firm bills in six-minute intervals for the time that I or an assistant work on your case. This can be the least expensive arrangement in routine cases because you pay only for the actual work involved. However, many clients prefer other fee agreements that allow their costs to be more predictable.
Flat Fees. For many types of litigation, or for particular tasks, a flat fee may be more appropriate. These fees are based on the firm’s assessment of the work that will be involved with some cushion for unexpected developments. A flat fee will be more expensive when a case or claim is resolved more quickly than expected; less expensive when the case takes longer to resolve.
Contingency Agreements. Contingency agreements, in which the firm’s fees are based on a percentage of a judgment or settlement, are available in some cases. The firm generally requires 25% of the gross any recovery obtained prior to the filing of a complaint; 33 1/3% after the filing of the complaint, 40% if the case goes to trial, and 45% if an appeal, retrial, or post-trial proceeding is necessary to collect the recovery. Contingency agreements are not available in divorce cases and other matters involving family law.
Hybrid fee Arrangements. In some cases, these types of agreements may be combined to meet the needs of the case and your financial resources.
Expenses. Except for most contingency agreements, you will also be responsible for paying the expenses of the litigation. Such expenses may include postage, travel expenses or mileage reimbursement (at the rate set by the federal government for its employees), electronic legal research fees (at the actual cost to the firm), and depositions, in which a witness is interviewed before trial before a court reporter, who then bills the interviewing party for its time and both parties for the written record of the witness interview.
Advance Payment. For hourly fee agreements, this firm will generally require an advance payment, which will be held in a client trust account, and billed against for expenses and earned fees, according to the terms of the engagement agreement. Typically, the advance payment required is equal to one month’s estimated bill The agreement will set forth the terms of this advance payment, and any funds remaining in the client trust account after the matter has concluded and all fees and expenses have been paid, will be returned to you.