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Traditional law firms will typically engage clients by requesting that those new clients put up a retainer (a deposit of money held in trust) and then the law firm or lawyer will bill against that retainer by the hour. The hourly fees are often in excess of $400.00 per hour and depend on the particular attorney working on the matter. When the retainer is exhausted, the client is asked to make another deposit to continue work on the matter, or the client will be invoiced for services.
The term "unbundled" legal services refers to a project-to-project method of offering legal services. If the client needs only one agreement drafted the client only pays for that agreement. If later the client requires additional work, a new fee is negotiated for only that work. In fact, our attorneys can work out a Flat-Fee budget for most client matters offering another added benefit. This way our clients know all of their legal costs upfront and no client is ever charged or billed for service without knowing what those charges will be ahead of time. That said, there are some matters that simply cannot be handled on a Flat-Rate structure, and in those cases, we are committed to working with our clients to create the best possible remedy for their situation.
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