Flat Fee

What Are Flat Fee Agreements?

One way that lawyers can use to bill their clients is the flat fee agreement. A flat fee is an agreement where the lawyer charges one fee for specific  services laid out in the agreement.

What Are The Advantages?

This type of agreement allow consumers to seek legal services without the worry of hourly billing. In short, they know exactly what the cost is going to be for the legal services they are getting.  Many feel that this “opens the courthouse doors” to lower-income people who otherwise would not have access to legal assistance.

What Are The Disadvantages?

The main disadvantage to this payment structure is that if the desired result is not achieved then the attorney could charge another fee to continue to represent the consumer.

The other major disadvantage of flat fee agreement is that attorney usually will narrow the scope of what they are willing to do for the flat fee. A consumer may want to ask what the next option is if they do not achieve the desired result.

Most National Association of Consumer Credit Attorneys offer Flat Fee Agreements

Most of our attorneys [Find a Consumer Credit Attorney] in the National Association of Consumer Credit Attorneys offer this type of agreement to help consumers that may not be able to afford legal help.  Many may offer a Hybrid Contingency Agreement to try to help the consumer seek justice.

Other Types of Attorney Fee Agreements

By |2019-12-09T06:42:22-06:00December 9th, 2019||Comments Off on Flat Fee

Share This Story, Choose Your Platform!

Go to Top