The phrase
"flat fee" refers to a set, fixed charge for a product or service. It means you pay the same amount regardless of how much or how little you use or need.
Full definition
Any thoughts on how I might make the case for
flat fees for these types of clients?
I charge clients a small
flat fee of $ 150 to repair their credit.
Rather than buying music outright, like we did in the era of CDs and digital downloads, people are increasingly
paying flat fees for all - you - can - access tunes.
If you practice either of these fields, you might be better off skipping this article (and checking out this handy post
on flat fees instead!).
Doing away
with flat fees for probate and family law was tough at first.
Under the latter, it's the hourly rate or
flat fee per project.
That is why we work by simple
flat fee based on the difficulty and requirements of each search engagement.
Many attorneys are now
offering flat fee services for family law and divorce law services.
From a menu of
flat fee services to hourly fees based on income, we will work with you to make sure that your legal needs are met efficiently and effectively.
A not - insignificant proportion of wills and bankruptcy lawyers
use flat fees as well.
In our case, we use the resources external investors provide to invest in technology and adopt alternative billing structures, such
as flat fee billing.
Many who use alternative fees (and
flat fees in particular) think that they work best for routine work.
This has been a popular choice with my clients who appreciate the certainty of
flat fee billing.
You have a vested interest in
flat fee listings and I am biased towards my approach so I don't expect us to agree, I am just sharing my two cents.
On the flip side, law firms can create efficiencies by working with several companies on targeted legal matters, increasing earning potential even with
flat fee arrangements.
I think it makes sense to look
at flat fees as just another tool to be used when setting fees.
We offer
flat fee rates, you will always work with me, the attorney, and our aim is to keep you out of court.
Fees vary from consultant to consultant, with some charging
flat fees up front, others charging a percentage of the money raised, and others a combination of the two.
And so I think I'm always looking for ways to create a better
flat fee model.
Flexible pricing and payment plans are available to suit each client's particular needs,
including flat fees for contract review.
No - load policies can be purchased mainly through financial advisors who charge
flat fees rather than collecting commissions from insurance companies.
And these small firms will be able to implement things
like flat fees knowing that technology allows them to complete their work quickly and efficiently in order to still maintain their profitability.
If you do a number of
flat fee cases, it's important to make sure you are not only profitable but you are profitable at a decent hourly billing rate.
Our one -
time flat fee includes all costs associated with the mediation process.
If you qualify for mediation and decide it would be worthwhile, you'd pay an extra
small flat fee for our time and for the cost of the mediator.
But looking five years ahead, what
if flat fees become the new norm for selling and delivering legal services?
In addition, we strive to make our services affordable through budget - friendly
flat fee packages.
Many firms report that they feel the pressure to reduce rates and / or
provide flat fee billing.
If firms can use that technology to offer more efficiency and more value and can still remain profitable
under flat fees, then they can offer clients certainty and transparency.
Her all - inclusive fee for managing transactions includes a $ 75 deposit upon opening a new transaction project and an additional $ 200
flat fee upon close of the transaction.
If you can build in some continuity, such as a
monthly flat fee for your services that lasts for a year, then do it.
Some charge
flat fees while others are compensated based on a percentage (typically between 0.5 % and 1 %) of invest - able assets.
The essential element to
making flat fees work is for firms to have skin in the game.
Some areas of practice have clearly changed — many corporations that hire outside lawyers for immigration and intellectual property matters have shifted to small firms and are
requiring flat fees.
His Web site offers
reasonable flat fees and includes a page of testimonials from satisfied clients.
In fact, our
affordable flat fees enable you to know up front exactly what it will cost to take care of your divorce.