Cost and Value
The Loree Law Firm provides top quality legal representation at a lower total cost than clients ordinarily expect for services of like quality. One of our goals is to provide arbitration-related legal services that small businesses can reasonably afford.
To reduce your costs the Firm designs billing arrangements that are tailored to your matter and designed to result in a lower total cost than the Firm believes you would incur by hiring a large or medium-sized firm that staffed the matter with a lawyer or lawyers of comparable skill and experience. The firm devotes the time required to understand what the scope of your matter will likely be so that it can structure a suitable billing arrangement and work-flow plan. The Firm wants to maximize the odds that, at the end of the engagement, you will conclude that you received more than you paid for.
In appropriate cases the Firm offers alternative billing arrangements, including project-fixed-fee billing arrangements and hybrid billing arrangements, which may combine aspects of traditional hourly billing with alternative forms of billing.
For example, The Loree Law Firm’s Project Fixed-Fee Project Billing Arrangements (the “Project Fixed- Fee Arrangements”) provide clients with the benefit of a fixed fee in exchange for the Loree Law Firm completing a discreet project (a “Project”) that the Firm determines is likely to consume at least 15 hours of its time and which results in a tangible work product. The fixed fee for the Project (the “Project Fixed Fee”) is based on the Firm’s time estimate to produce the tangible work product (the “Work Product”) and deliver it to Client. the Firm uses reasonable hourly rates to calculate the Project Fixed Fee.
Projects that may be the subject of a Project Fixed Fee Arrangement may include, among others, preparation of: (a) arbitration, trial or appellate court briefs; (b) motions, applications or petitions, including briefs, memoranda of law, affidavits and certifications in support; (c) responses to, or reply papers in support of, motions, applications and petitions; (d) complaints, answers and other pleadings; (e) opinion letters; and (f) legal analyses in memorandum or letter form.