Fee Agreements

Here are a few tips about fee agreements to consider when reviewing your existing fee agreement or preparing a new one.

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1. What is the origin of your current fee agreement?

Many law firm fee agreements are simply retreads from some other lawyer’s or law firm’s fee agreement. The lawyer’s assumption often is: if this fee agreement form worked all those years for that firm, it should be just fine for mine. The related theory is that it is just easier to use someone else’s form legal services contract than it is to write a new one or rework a form to fit the current firm’s real needs.