Common use of LEGAL FEES AND BILLING PRACTICES Clause in Contracts

LEGAL FEES AND BILLING PRACTICES. The Firm’s professional fees reflect a number of factors including the number of attorney hours incurred, the relative experience of the attorneys performing the services, the difficulty of the matter, and the results obtained for the Firm’s client. The Firm’s professional fees are usually determined by the number of hours expended, multiplied by the professional’s hourly billing rate. The Firm’s minimum billing unit for its legal personnel is one-tenth of an hour. The Firm’s current standard guideline rates are set forth on the attached schedule. The Firm anticipates the following attorneys will be initially assigned to your matters at the following hourly billing rates for each: Xxxx-Xxxxxxxxx Xxxxxxxx $775 These rates will be subject to a ten percent reduction on each invoice, provided the invoice is paid within 35 days of invoice. From time to time the Firm’s hourly billing rates will change, as will other costs related to the services that the Firm will perform. In the event of a change in these rates, they will be reflected in your next bill. If you have any concerns about any change in billing rate, please promptly discuss them with us. The Firm will charge for all activities undertaken in providing legal services to you, including but not limited to the following: conferences and meetings, including preparation and participation; preparation and review of correspondence and other documents; legal research, including computerized research; court and other appearances, including preparation; necessary travel related to court appearances, meetings with opposing counsel, witnesses and others in your matter; evidence preparation including electronic document management; and telephone calls, including calls with you and other attorneys or persons involved with your matter. The legal personnel assigned to your matters may need to confer among themselves about the matters. When they do need to confer, each person may charge for the time expended. Similarly, if more than one of the Firm’s legal personnel attends a meeting, court hearing or other proceeding, each may charge for the time spent, although the Firm will always attempt to be judicious in the number of persons it sends. When Firm personnel travel for your matters, the Firm charges for travel time, portal to portal, both local and out of town.

LEGAL FEES AND BILLING PRACTICES. The Firm’s professional fees reflect a number of factors including the number of attorney hours incurred, the relative experience of the attorneys performing the services, the difficulty of the matter, and the results obtained for the Firm’s client. The Firm’s professional fees are usually determined by the number of hours expended, multiplied by the professional’s hourly billing rate. The Firm’s minimum billing unit for its legal personnel is one-tenth of an hour. The Firm’s current standard guideline rates are set forth on the attached schedule. The Firm anticipates the following attorneys will be initially assigned to your matters at the following hourly billing rates for each: Xxxx-Xxxxxxxxx Xxxxxxxx $775 These rates will be subject to a ten percent reduction on each invoice, provided the invoice is paid within 35 days of invoice. From time to time the Firm’s hourly billing rates will change, as will other costs related to the services that the Firm will perform. In the event of a change in these rates, they will be reflected in your next bill. If you have any concerns about any change in billing rate, please promptly discuss them with us. The Firm will charge for all activities undertaken in providing legal services to you, including but not limited to the following: conferences and meetings, including preparation and participation; preparation and review of correspondence and other documents; legal research, including computerized research; court and other appearances, including preparation; necessary travel related to court appearances, meetings with opposing counsel, witnesses and others in your matter; evidence preparation including electronic document management; and telephone calls, including calls with you and other attorneys or persons involved with your matter. The legal personnel assigned to your matters may need to confer among themselves about the matters. When they do need to confer, each person may charge for the time expended. Similarly, if more than one of the Firm’s legal personnel attends a meeting, court hearing or other proceeding, each may charge for the time spent, although the Firm will always attempt to be judicious in the number of persons it sends. When Firm personnel travel for your matters, the Firm charges for travel time, portal to portal, both local and out of town.

LEGAL FEES AND BILLING PRACTICES. The Firm’s professional fees reflect a number of factors including the number of attorney hours incurred, the relative experience of the attorneys performing the services, the difficulty of the matter, and the results obtained for the Firm’s client. The Firm’s professional fees are usually determined by the number of hours expended, multiplied by the professional’s hourly billing rate. The Firm’s minimum billing unit for its legal personnel is one-tenth of an hour. The Firm’s current standard guideline rates are set forth on the attached schedule. The Firm anticipates the following attorneys will be initially assigned to your matters at the following hourly billing rates for each: Xxxx-Xxxxxxxxx Xxxxxxxx $775 These rates will be subject to a ten an eleven percent reduction on each invoice, provided the invoice is paid within 35 days of invoice. From time to time the Firm’s hourly billing rates will change, as will other costs related to the services that the Firm will perform. In the event of a change in these rates, they will be reflected in your next bill. If you have any concerns about any change in billing rate, please promptly discuss them with us. The Firm will charge for all activities undertaken in providing legal services to you, including but not limited to the following: conferences and meetings, including preparation and participation; preparation and review of correspondence and other documents; legal research, including computerized research; court and other appearances, including preparation; necessary travel related to court appearances, meetings with opposing counsel, witnesses and others in your matter; evidence preparation including electronic document management; and telephone calls, including calls with you and other attorneys or persons involved with your matter. The legal personnel assigned to your matters may need to confer among themselves about the matters. When they do need to confer, each person may charge for the time expended. Similarly, if more than one of the Firm’s legal personnel attends a meeting, court hearing or other proceeding, each may charge for the time spent, although the Firm will always attempt to be judicious in the number of persons it sends. When Firm personnel travel for your matters, the Firm charges for travel time, portal to portal, both local and out of town.