Fee Agreement – Hourly Billing - Free Editor
Fee Agreement – Hourly Billing
1. Parties and Matter
- Law Firm: [Firm Name], [Address].
- Client: [Client Name/Company], [Address].
- Matter Description: [Brief description of services].
2. Fee Structure
- Services billed on hourly basis at following rates (subject to annual adjustments with 30 days’ notice):
- Partners: $[Rate]/hour
- Senior Associates: $[Rate]/hour
- Associates: $[Rate]/hour
- Paralegals/Legal Assistants: $[Rate]/hour
- Law Clerks/Other Professionals: $[Rate]/hour
- Minimum billing increment: [0.1] hour.
- Travel time billed at [full/half] hourly rates.
3. Retainer Deposit
- Initial retainer of $[Amount] to be deposited in attorney trust account.
- Invoices applied against retainer; client agrees to replenish to $[Maintain Amount] within [Number] days of request.
4. Invoicing and Payment Terms
- Detailed statements issued [Monthly/Biweekly].
- Payment due within [Number] days of invoice date.
- Overdue balances accrue interest at [Rate]% per month or maximum allowed by law.
- Client authorizes application of trust funds to unpaid fees and costs.
5. Costs and Disbursements
- Client responsible for court costs, filing fees, service of process, deposition expenses, expert witnesses, travel, postage, printing, legal research charges, and technology fees.
- Expenses exceeding $[Amount] require prior client approval unless urgent to protect client interests.
6. Communication Protocols
- Primary client contact: [Name/Title]. Preferred method: [Email/Phone/Portal].
- Law firm will provide status updates at least [Frequency].
7. Client Responsibilities
- Provide accurate information, documents, and timely instructions.
- Pay invoices promptly and maintain retainer balance.
8. Termination
- Client may terminate at any time with written notice; fees earned to date immediately due.
- Law firm may withdraw for nonpayment, conflict, or other ethical grounds, subject to applicable rules.
- Upon termination, firm will deliver client file and refund any unearned retainer within [Number] days after resolving outstanding balances.
9. Dispute Resolution and Governing Law
- Fee disputes submitted to [State/County Bar Fee Arbitration Program] prior to litigation.
- Agreement governed by laws of [State]; venue in [County].
10. File Retention
- Firm retains file for [Number] years following matter conclusion and may thereafter securely destroy unless client requests earlier return.
11. Entire Agreement and Amendments
- This agreement constitutes entire understanding regarding fees for described matter. Changes must be in writing signed by both parties.
12. Signatures
| Party | Signature | Date |
|---|---|---|
| [Client Name/Authorized Representative] | ________ | ____ |
| [Attorney Name], [Firm Name] | ________ | ____ |
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