In connection with routine legal matters, we ordinarily bill
for our services on a straightforward time and disbursement basis, with the
hourly rate determined by the level of experience and seniority of the lawyer
involved. However, we are dedicated to working with our clients to develop
alternate arrangements to meet their particular needs, for example by doing
specific legal work on an agreed lump-sum basis. In other situations, we have
also set up retainer agreements whereby we provide a guaranteed number of hours
of service over a specified period of time for an agreed fixed fee. Such fee is
calculated on a discounted basis and is payable in monthly, semi-annual or
quarterly installments. This allows our clients the flexibility and freedom to
use our services whenever needed, yet still maintain close control over the
costs involved. An additional benefit of such a retainer agreement is that we
are retained on a permanent basis as consulting attorneys and thus cannot be
retained by any party in a position legally adverse to our clients' interests.
We are thus able to commit ourselves to protecting our clients' interests on a
full-time basis. |