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How to Minimize Lawyer Fees
Costs can accumulate quickly when you retain the services of a lawyer. Most lawyers charge their time through hourly billing, flat fee agreements or contingency agreements. If you have an hourly agreement, you are billed according to each hour of work performed. A flat fee agreement is a contract whereby you agree to pay a set amount for legal work. A contingency fee agreement means that your attorney will not request any payment from you unless you win your case. After you are awarded a settlement, your lawyer receives a predetermined percentage of your settlement. Legal costs include all phone calls; conferences with you, potential witnesses, associates assisting with the case, and investigators; preparation and research time; and court appearances. There are many ways you can reduce the amount your attorney charges. Follow these steps to minimize attorney fees.

Steps

1. Compare hourly rates, flat fees and contingency fees. Contact lawyers in your area and get quotes for the legal work in which you need assistance. To prevent getting an lawyer with too little experience or an lawyer that is charging too much for what you need help with, choose an lawyer whose fees are in the middle of your comparison or slightly lower.

2. Negotiate with your lawyer prior to retaining his services. Your attorney may be willing to reduce his fees. Some reasons for doing so include that he's new to the area and wants to establish his business, your case is unique and may lead to other business, or he will gain media attention because of your case.

How to Minimize Attorney Fees
Pay a flat fee for all services rendered, rather than an hourly arrangement with your lawyer.

Propose a creative contingency fee. A common contingency fee is 33 percent. This means that if you win your case, your lawyer would retain 33 percent of the settlement. If there's a high likelihood that you will prevail and recover a large amount, your lawyer may be more willing to accept less on his contingency fee.

Ask your lawyer to bill you at 6 minute intervals (.10 of an hour) instead of 15 minute intervals (.25 of an hour). If you have an hourly agreement with your attorney, he will keep track of all the work he and his office staff perform on your case. Attorneys bill their time in increments. Common increments are either .10 of an hour or .25 of an hour. The increment used can make a large difference on your monthly invoice. For example, if your attorney charges $200 per hour, 5 minutes of work will cost you either $20 or $50 depending on the increment agreed upon.

3. Choose an lawyer that is an expert in the specific area of law in which you need assistance. Lawyers are expected to research legal matters. However, if your attorney needs to research the issues because he's not an expert, it will be more time consuming and you will be charged more.

4. Cooperate with your lawyer. Your lawyer will need documents and information from you. Prompt responses to your lawyer's requests will prevent unnecessary reminder calls and letters that cost you additional fees.

Return all calls from your lawyer's office as soon as possible. Your attorney has many cases that he is working on. You will be charged fees every time your lawyerneeds to refresh his memory regarding your case, make reminder calls, or create reminder letters.

Offer to make copies and obtain documents or records yourself. You can do some of the work, which will reduce your legal costs.

5. Write out an agenda prior to any meeting you have with your lawyer. It will keep you on track regarding your questions and concerns, which will make the meeting shorter and less costly.

6. Take notes during every phone conference and meeting you have with your lawyer. Your matter may last several months or even years. By taking notes you can refer back to them, rather than contacting your lawyer to refresh your memory.

Create a journal. Keep the journal near the phone when you speak to your attorney and take the journal with you to legal meetings so you can take notes.

Date the journal entries so you know when the conversations with your attorney take place.

7. Ask clarifying questions when you talk to your lawyer. Don't wait until another time to clarify what your attorney is doing on your case. Waiting will create a situation in which your attorney will need to review the case again to answer your questions.

8. Maintain an organized file of your case. You will receive documents, court papers and letters from your lawyer's office. Keeping all the correspondence from your attorney's office in 1 central and organized place will prevent you from asking for copies of your file.

9. Determine what your goals are regarding your legal matter. Don't change your mind regarding what you want the outcome to be. Continued changes may require your lawyer to change the way he works on your case, which will cost more money. Your attorney will prioritize his work on your case based on the outcome you want to achieve. Most legal settlements are based on a series of compromises between the parties. The outcome you want is used by your attorney to negotiate and compromise to meet your desired conclusion.

10. Rely on your attorney for legal advice and not for emotional support. If you correspond with your lawyer by email, phone or in person every time you are upset because of how your legal matter is affecting your life, your attorney must respond to the correspondence. He will then charge you for the time it takes for him or his staff to respond, even though the correspondence isn't relevant to your legal issues.

11. Send emails to your lawyer only when necessary. Every time you send an email, you will be charged when someone spends time reading it, discussing it with office staff and replying to it.
Category: Personal Injury Lawyers | Added by: Vik (03.12.2013)
Views: 821 | Tags: Lawyers, Attorney, Tips, minimize, how to, lawyer. law, Fees, Legal, injury, injury lawyers | Rating: 0.0/0
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