Bronx New York Contract to Employ Law Firm - Hourly Fee - with Retainer

State:
Multi-State
County:
Bronx
Control #:
US-01959BG
Format:
Word
Instant download

Description

Attorney's fees are assessed in a number of ways, usually set by contract in advance of the representation, including by billable hours, flat fees, or contingent fees. Attorneys who voluntarily accept work on behalf of indigent clients often work pro bono. An upfront fee paid to a lawyer is called a retainer. A contingent fee is a percentage of the monetary judgment or settlement.

The range of fees charged by lawyers varies widely from one city to the next. Most large law firms in the United States bill between $200 and $500 per hour for their lawyers' time, though fees charged by smaller firms are much lower. The rate varies tremendously by location as well as the specific area of law practiced.

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Bronx New York Contract to Employ Law Firm - Hourly Fee - with Retainer