Allison Shields of Legal Ease has started a series on how to set fees, with these two posts here and here. Shields spends a good deal of time describing how lawyers examine a case up front in detail, so that you can figure out how to assign a fee. And her advice garners compliments from Michelle Golden at Golden Practices who writes that Shields’ approach enables clients to count on a fairly well defined price, phase by phase.
Is preparing a fee estimate a radical idea? Is it true that most lawyers don’t evaluate a case in advance or give client estimates? I’ve been giving clients estimates for thirteen years in my own practice, primarily because I learned it from the lawyers at my former firm. If this technique is new to lawyers, than I’ve learned something from Shields and Golden that I’d rather not know.
Related posts:
- $42 Million Fee – Inherently Unreasonable? That Depends, But Here, It Was
- Your Realization Rates May Make You Realize That Flat Fees Often Make More “Cents”
- Take an Expert’s Advice on Price
- Some Open Questions for Flat Fee Aficionados and Ethics Gurus
- Last Call to Get A Life
