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Video: Attorney’s Fees

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Attorney’s Fees, Gregory Coleman

What determines an attorney's fee?

What determines an attorney’s fee?

What is the cost of doing business?

What is the cost of doing business?

What does the lawyer actually do?

What does the lawyer actually do?

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What determines an attorney’s fee?
An attorney bases fees on such factors as the degree of difficulty of a particular legal task, the amount of time involved, the experience and skill of the attorney in the particular area of law and the attorney’s cost of doing business.

What is the cost of doing business?
The cost of doing business usually includes rent, equipment, salaries, maintenance of a library and costs associated with maintaining the lawyer’s level of professional skills and education. A lawyer’s overhead normally comprises 35 to 50 percent of fees charged.

What does the lawyer actually do?
Generally, a lawyer solves legal problems. A lawyer’s services normally involve research, investigation and case preparation.