Fee Arrangements Email Print

We typically bill on an hourly basis. These rates, ranging from $150 to $250 per hour, are based upon the attorney’s skill and experience and the nature and complexity of the legal matter. Normally, we require an advance deposit to be applied toward the monthly billings until the client establishes a satisfactory payment record. We also offer monthly payment plans starting at $250 per month if you keep a valid credit card on file.

However, we recognize that today’s marketplace demands a variety of flexible fee schedules and, in appropriate cases, we offer the following alternate fee arrangements:

Fixed Fee

Certain transactional projects are appropriately undertaken for a pre-negotiated fee. We can also set fees by combining a fixed fee plus an hourly rate.

Deferred Fees; Equity Compensation

Our experience with startup ventures has taught us that frequently entrepreneurs are “idea rich” and “cash poor.” Sometimes lack of funds may force them to forego legal representation at the most pivotal time in the life of their business. For these startups, we develop specifically tailored arrangements that may be a combination of hourly fees, deferred compensation, and equity compensation. Because this fee flexibility for startups requires us, in effect, to invest in the business, our ability to do so depends upon our assessment of the risk involved, the other client matters currently undertaken by our office, the business prospects of the venture, and an assessment of its management team.

Retainer

We can assist a company in planning for legal representation and establish a fixed monthly payment based on the year’s anticipated legal work. At year’s end, unspent funds can be returned or applied to subsequent work. Alternatively, any remaining balance will then become due.

Negotiated Rate

For high volume projects or representations we can negotiate a reduced hourly rate.

Contingent fee

In appropriate circumstances, we will base our fee on a percentage of the amount received in a particular case. We can also set fees by combining fixed or hourly fees with a contingent fee.

Contact Us

Copeland Law Firm, PC

502 W. 13th St.
Austin, TX 78701

Phone 512.850.4529
Fax 512.628.6010
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In the News

KXAN news screenshot of Austin Business Lawyer Justin Copeland
KXAN - August 6, 2008

University Star newspaper frontpage of newspaper featuring article about Austin Business Lawyer Justin Copeland
The University Star - June 12, 2008

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