You want to hire talented lawyers to get the legal services you need. Good lawyers are rare and busy because everyone wants their services. We understand that you also want to control the attorney fees you pay to be safe. For this reason, we are transparent about the lawyers` fees we have collected and we are open to other pricing agreements (AFAs), such as for example. B a structure of costs of retainer. For this structure to work, lawyers should be able to establish the likelihood that you will need it at some point, versus the chances that another retainer client will need it at the same time, and offer a editor large enough to make sense of it. But small enough not to be ruthless towards his other customers. It`s a particularly tricky piece of math to navigate. In this structure, you pay X each month, and the lawyers work for the time of value X. If the lawyers reach this figure, they stop and contact you. In this structure, you pay X each month, and the lawyers are at your disposal for a certain number of hours this month. If you have work for them, the lawyers will drop everything to make sure they get by. Even if you don`t have a job for them, you still pay for it, since you buy their availability.
Some lawyers allow unused retainer hours to transfer to the next month or later. If you cannot afford the services of a lawyer, you have other options: XYZ (Pty) Ltd appoints Botha Bezuidenhout Attorneys Inc. as ad hoc legal counsel and lawyer and provides that they may need 10 hours of legal advice or services per month. XYZ (Pty) Ltd then pays a fixed monthly fee for the retainer, calculated at a reduced hourly fee for the hours reported (including hours). A retainer is a kind of alternative fee agreement in which you pay fixed fees on a recurring basis, and we are obliged to work for you in order to get the value of that tax. There are several types of réditains, the most common of which are: here are some of the advantages of retainer-based arrangements: we have some problems with this structure of retainer fees because, in its typical form, it can sometimes become unfair or impractical depending on how you see it. For example: The best way to explain the Rétainer agreement is an example: To simplify legal invoices and give you as a client control of your attorney`s fees, Botha Bezuidenhout Attorneys Inc. . . .