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To Trust or Not To Trust: What to Do With Flat Fees? (Part I)

By Carolyn Elefant
September 6, 2022
Screenshot 2022-09-04 at 5.52.37 PM

 Some lawyers refuse to experiment with flat fee billing – not because of confusion over how to set prices or concerns over under-charging — but because they believe that flat fees raise ethical red flags. Truth is, the vast majority of jurisdictions allow flat fee billing, but at the same time, they also impose caveats…

Round-Up of State Legal Ethics Rules on Flat Fees for Lawyers

By Carolyn Elefant
September 6, 2022
Screenshot 2022-09-04 at 5.52.37 PM

Flat fees make life easy for clients.  No lengthy bills to review, no sticker shock about the ultimate cost.  Just one price for getting the job done.

But if flat fees are so easy, why aren’t the ethics rules that govern them? In Part I of this post  I tried to simplify the principles governing…

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MyShingle.com – Solo and small firm lawyers (firms of 2-5 attorneys) account for seventy-five percent of the roughly 975,000 lawyers in private practice and represent the vast majority of consumer and small business clients.  Yet, few law schools offer programs to students or alumni on how to start and run a law firm, and the mainstream legal trade press rarely covers issues that matter to them.

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