subject: Paying Those Legal Fees [print this page] As a business owner, you not only have to worry about the sales and marketing strategies of your company. You would also need to consider whether you have the right documentations and contracts that would make every agreement that you get into legal and binding. In situations like these, your best move would be to get the services of an experienced law firm.
One of the reasons why most people shy away from getting the services of a lawyer, or a law firm, for that matter, is the fees that they have to pay. Oftentimes, people think that they need to make an upfront payment whenever they get the services of a lawyer. In truth, there are a number of schemes by which you can pay the lawyer without necessarily breaking your piggy bank.
One option is to have a retainer agreement. In this scenario, you have to make a lump sum payment to the attorney you are dealing with. Oftentimes, the attorney or the law firm would request a certain amount to be paid upon signing of the contract. In a retainer agreement, the attorney deducts all fees and costs from the retainer.
Other payment options that any law firm Ottawa Ontario has includes flat fee as well as hourly billing payment option. In the former, the lawyer already sets an exact fee long before the project starts. This is often made used of when the lawyer is being hired to work one specific task, for instance, the preparation of will. The latter is also similar to the former. The only difference is that, instead of a fixed rate for the whole project, there is a fixed rate for the hours that the lawyer would use in going over your case.
Another payment option available to you when you hire a law firm Ottawa Ontario has is contingency fee payment. This is the most preferred option by most people availing of legal assistance since payment is done only after the lawyer has won the case. If the case is not worm, then the client need not make any payment.
Regardless of the way by which you would like to make your payment to the law firm Ottawa Ontario has that you would be hiring, you should keep track of nay payment due as well as how the activities concerning your case are progressing.
