Budgets and Fees
We understand that forecasting and planning for future legal expenses can be critical to a business or an individual. That is why Collora LLP has long embraced the practice of preparing budgets for particular matters, as needed by clients.
Our lawyers can also discuss with you various strategies and tactics and the possible outcomes associated with each. We know that you seek not only results, but value in the way they are delivered.
That is why we are prepared to forecast expenses associated with different possible approaches to a matter, and to factor in variables that may occur along the way. We can work with spreadsheets and with certain other programs designed to facilitate project management and planning.
It is also part of our mission to provide value in what we do, so we focus not on hourly fees, but the value delivered for what we charge.
Collora LLP recognizes that you have choices in the legal marketplace and we want to be your first choice for legal representation in time of need.
We also recognize that some clients want or need legal counsel at more predictable costs. That is why we are willing to discuss with clients reasonable arrangements for fixed fee representation for suitable engagements.
Our lawyers have also periodically worked on contingent fee arrangements when the circumstances have been appropriate for the client and the firm.
We will also discuss hybrid approaches to billing, such as hourly rates with a cap for any given matter, or partial contingent arrangements, such as lower hourly fees with some upside for producing certain results.
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