Divorce,Lawyer,Billing,for,Sof law Divorce Lawyer: Billing for Soft Costs
When you work with an attorney, you will have no problem reducing the risks associated with getting your case in front of a judge and jury, or other formal court, when you need to. However, every case is different. It is important to work wi Bankruptcy is a situation, wherein an individual is termed as unable to discharge all the debts. When a person or a company is not able to pay off its creditors, it has an obligation to file a bankruptcy suit. In fact, a bankruptcy suit is a
It can be a tricky balance knowing whatto do about your hourly billing rate and knowing also what to do about theinitial retainer in order to cover court costs and the initial costs. Determining what you will charge for a numberof the soft costs can be even more complicated. Billing for soft costs can beimportant as they can really add up. If you decide not to bill for these, youwill likely need to charge a higher hourly rate in order to ensure that yourpractice does not lose money. This article seeks to present a way to make this billingsimpler, more streamlined, and easier not only for the divorce lawyer but alsofor his or her clients.One of the complications of being adivorce lawyer is that there are a number of small and low intensity chargesthat are related to the costs of handling the case. The charges, however, varydepending on the individual case. In other words, it is not easilyunderstandable at the beginning of the case what the charges that the attorneywill accumulate for soft costs during the course of the lawsuit prior tobeginning the case. This means that it is generally not possible to give aclient and understanding of what their costs for this will be. Another large reason for a divorcelawyer to want to offer an alternative means of billing for items such asphotocopying, gasoline, car expenses, mailings, and any other soft costs isthat it can be extremely time-consuming to have to track every expense anditemize it for the clients. Of course, this takes away from the attorney doingactual legal work and more on clerical duties. In other words, this is aninefficient method of making sure that office costs are paid for.The solution that this article presentsis to use a flat rate to charge clients for soft costs that arise during thecourse and scope of litigation. Generally, charging for such soft costs shouldbe in the range of between $100 and $200. This is unless costs will be expectedto be much higher than normal. Not everyone will use $100-$200 worth of softcosts. But, this allows for the divorce lawyer not to lose money when suchcosts exceed $200, and that attorney has simply billed $150 for the expenses.By doing it this way, this means thatthe divorce lawyer can actually focus on actually doing legal work instead ofdoing secretarial work. This is even more helpful when the attorney is a smallor solo practitioner and does not have the support staff to support a secretaryin order to keep track of these types of expenses. However, there are copiersthat will, for instance, keep track of this information for you. But, suchitems tend to be extremely pricey and expensive, and perhaps unaffordable forthe practitioner who is seeking to keep his or her costs down.New Orleans attorney Will Beaumontprovided this article for informational purposes, not legal advice.
Divorce,Lawyer,Billing,for,Sof