What is an hourly rate?
Payment per hour worked
What is an hourly rate?
Payment per hour worked
A lawyer charges $200 per hour for 3 hours. What type of fee is this?
Hourly rate
What is a flat fee?
A fixed total price
What is a flat fee?
A fixed total price
A client pays one fixed price before the case starts. What type of fee is this?
Flat fee
What is a contingency fee?
Paid only if the client wins
What is a contingency fee?
Paid only if the client wins
A lawyer only gets paid if the client wins the case. What type of fee is this?
Contingency fee
What is a retainer fee?
Money paid in advance
What is a retainer fee?
Money paid in advance to secure services
A client pays money in advance so the lawyer is available. What is this called?
Retainer fee
What is a reduced rate?
A lower price than usual
What is a reduced rate?
A lower price than usual
A lawyer lowers the price for a client because of financial problems. What is this called?
Reduced rate