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Fixed Fees Research Paper

262 Words2 Pages
There are three types of fee agreements: fixed fees, hourly fees and contingency fees. Fixed fee is once a client agrees to pay for a specified legal service. The fixed fees are calculated according to the market value of services. Fixed fees also vary from state to state in order to pursue the client types of services. Then there is hourly fee, which the attorneys’ charges the clients by the hour. Depending on the type of services or the attorneys’ reputation the fees may vary. For instant, say you need an attorney for a legal matter on a custody case; the attorney has a fee of $400 an hour but he/she needs a paralegal to assist. The paralegal fee is $60 an hour, so your hourly fee is $460 an hour for service. However, the client will be

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