Most entertainment law firms have set business hours, yet at the same time Attorneys have to be willing to put in the work whenever it’s necessary, whether that means studying contracts over the weekend or meeting clients for dinner. “I do stuff when I need to do stuff,” Moo says. ...
While it may not seem like it, fee agreements with attorneys arenegotiable. ... If you do not have a lot of money to pay upfront for the retainer fee, the attorney may be able to offer you a different arrangement. For example, some attorneys charge a flat rate for certain services, ...
These attorneys will likely bill at a higher hourly rate due to their specialization. The type of case will be a factor in determining the hourly fee an attorney charges because different cases have different complexities and particulars that may make them more or less challenging than others....
Attorneys Representing Corporations:Corporate attorneys have a duty of loyalty to their clients. For example, they cannot simultaneously represent a competing company in a similar legal matter, as it would create a conflict of interest. Auditors:External auditors, while maintaining independence, owe a ...
With AI, clients will be able to monitor and evaluate their counsel's activities in new and much more advanced ways. Accordingly, it will be even more important for the client's expectations to be well defined, and for attorneys to utilize AI to make sure that they are meeting client expe...
13. Legal Expenses.In the event any payment made under this Loan Agreement is not paid when due, the Borrower agrees to pay, in addition to the principal and interest owed, reasonable attorneys' fees. The amount of these expenses shall NOT exceed the maximum usury rate in the State of New...
Once you’ve put together consulting fees for one client, you should be able to easily adapt the fee and fee structure for new clients. How do I take my client payments? Once you’ve figured out what to charge for your consulting services, you should think about how you’ll take payment...
Is a business name search expensive? Many states provide a business name checker free of charge for entrepreneurs, with others charging a small fee for each search performed.
Many attorneys use a billable hours chart to support that effort. The chart converts minutes into an appropriate billing segment. For example, you can determine that a six-minute phone call equates to 0.1 billable hours. To bill for that phone call, you must: Diligently log task start and...
In most states, LLCs are inexpensive to set up and maintain. Many attorneys recommend that small business owners form an LLC because it provides liability protection at a minimal cost. But some states are more expensive than others. If you aren't sure whether an LLC is worth it, get advic...