Innovative or Alternative Fees Can be a Win-Win!
What is the traditional model of lawyering? Simply put, it is hourly billing. There is nothing wrong with this model; however, there are other alternative or innovative attorney’s fee models out there that factor in performance, results, and efficiency. These are models that incentivize performance which is always in a client’s best interest. Stepping out of a comfort zone is tough considering we are all creatures of habit. But, there are instances where trying something innovative or alternative is a win-win for you from a budgetary standpoint and, importantly, a results standpoint. If you are interested in learning more about attorney’s fee models that may benefit your interests, check out the below chart and feel free to contact me.
Please contact David Adelstein at firstname.lastname@example.org or (954) 361-4720 if you have questions or would like more information regarding this article. You can follow David Adelstein on Twitter @DavidAdelstein1.