W&A LEGAL
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William & Associates
OUR EXPERIENCE YOUR RESULTS
Juridica
P2
The three scenarios below demonstrate the cost effectiveness of our Fixed Fees Packages, Capped Fee Option, and Flexible Payment Plans.
In this hypothetical example, each client engaged us to complete 16 hours of legal services initially, later requesting an additional 4 hours of legal services.
IMPACT ON BILL OF COSTS
Client A chose the Standard Time Base Fee Approach
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Standard Time Base Fee of $495.00 x 20
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Bill of Costs total $9,900.00.
Client B chose the Fixed Fee Approach with no Capped Fee Option
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Fixed Fee of $325.00 x 16
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Standard Time Base Fee of $495.00 x 4
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Bill of Costs total $7,180.00
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Saving of $2,720.00
Client C chose the Fixed Fee Approach with the Capped Fee Option
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Fixed Fee of $325.00 x 16
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Capped Fee of $375.00 x 4
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Bill of Costs total $6,700.00
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Saving of $3,200.00
IMPACT TO CASHFLOW
Client A chose the to pay in a lump sum resulting in an immediate impact to their cashflow of $9,900.00.
Client B chose to pay in weekly installments over 6 months resulting in an impact to their weekly cashflow of $299 per week for 24 weeks.
Client C chose to pay in weekly installments over 9 months resulting in an impact to their weekly cashflow of $186 for 36 weeks.