Outside General Counsel Fees
Agreements are available on either a six-month or twelve-month contract. All contracts present a substantial savings from the firm’s hourly rate for business law services (which, depending on issues being evaluated, varies from $275 to $350 per hour). There are additional perks and a reduction in cost with the twelve-month contract. Terms and conditions will be set forth in an Engagement Agreement, which must be agreed to by the Parties before any attorney- client relationship will commence.
|Level I||$500 per month – Up to 2 hours of attorney time per month. Unused hours may roll over for 1 month period only.||Not available.|
|Level II||$1,250 per month – Up to 6 hours of time. Roll over of unused time for 1 month only.||Same as 6-month contract, but attorney time may roll over for 3 months.|
|Level III||$2,750 per month – Up to 13 hours of attorney time. Roll over of unused time for 1 month only.||Same as 6-month contract, but attorney time may roll over for 3 months.|
Attorney time can be used to meet at attorney’s office, at client’s office, have telephone conferences, attend board or staff meetings, or for any transactional legal work performed by an attorney. This arrangement does not apply to litigation representation.
In the event additional attorney time is required in excess of the hours provided for above, clients at Level I, and clients at a Level II with a 6-month contract will receive a 10% discount off the applicable hourly rate during the term of their contract. Level II with a 12-month contract and all Level III clients will receive a 20% discount off of the applicable hourly rate during the term of their contract.