Cost-Certainty is the Number One Factor Driving Clients towards Flat Fee Billing.

by Traverse Legal, reviewed by Enrico Schaefer - March 24, 2008 - The Billable Hour

We are currently involved in some fairly complex Anticybersquatting Protection Act litigation across the country.  We’ve been closely monitoring the hourly bills (we sometimes start litigation on an hourly basis until we see where it’s going).  The client is an international company that is used to paying hourly fees.  The complaint in one case is filed and early motions in play.  The client actually requested the other day for the flat fee alternatives.

As we discussed with the client, it was clear that one single factor was driving the client’s decision concerning an appropriate flat fee level.  That single issue cost-certainty.  Over the next few posts, I will be talking about the flat fee process for complex litigation.  Many lawyers say the flat fee model doesn’t or can’t work with litigation.  Quite simply, they are wrong.  Most likely, they’ve never tried.  They’re smatter than they think and the variables really are fewer than most people pretend.

📚 Get AI-powered insights from this content:

Author


Enrico Schaefer

As a founding partner of Traverse Legal, PLC, he has more than thirty years of experience as an attorney for both established companies and emerging start-ups. His extensive experience includes navigating technology law matters and complex litigation throughout the United States.

Years of experience: 35+ years
LinkedIn /Justia / YouTube

GET IN Touch

We’re here to field your questions and concerns. If you are a company able to pay a reasonable legal fee each month, please contact us today.

#

This page has been written, edited, and reviewed by a team of legal writers following our comprehensive editorial guidelines. This page was approved by attorney Enrico Schaefer, who has more than 20 years of legal experience as a practicing Business, IP, and Technology Law litigation attorney.