How We Charge
Competitive Hourly Rates | Contingency Fees | Fixed Fee Legal Services
At Aeton Law Partners, we offer our clients a range of attorney’s fee options to suit their individual or business needs. Because of the efficiencies we have built into our firm, we have the ability to offer flexibility in how we charge for our services in many cases. We have developed a number of fee options depending on the nature of the case and each client's legal needs. The most common types of billing arrangements are hourly, fixed fee, and contingency fee. For the convenience of our clients, we accept payment by check, credit card, wire transfer, and direct deposit.
Our menu of alternative fee arrangements includes:
Competitive Hourly Rates. Most of our clients pay for attorney time by the hour. We designed our law firm from the ground up using leading technology to find every efficiency to lower our rates. As a result, we are able to offer highly competitive hourly rates that are discounted from rates charged by large law firms. We offer our clients a range of rates depending on the handling attorney to include a scale of rates for partner, senior associate, and associate. On select matters, we will also offer clients a blended rate where all the attorneys bill at the same rate.
Flat Fees, Fixed Fees, and Phase of Case Billing. Many clients prefer to know the costs of a transactional matter before hiring a law firm. We also understand that many start-ups and companies have budgets for legal matters. In many cases, we can offer our clients fixed fees for an entire project, limited scope engagement or a guaranteed budget for a phase of a project, which helps clients plan for the costs of the project. We typically will offer our clients flat fees where possible with our hourly rates as a default for projects where flat fees are not available.
Contingency Fees. Contingency fee lawyers take cases where the legal fees are paid from the gross recovery in the case based on a percentage of the gross recovery. We handle several types of cases on a contingency fee basis where our clients pay no attorney’s fees unless we recover money or consideration for the client. Examples of contingency fee cases that we may accept include employment, business disputes, commercial litigation, and personal injury. For business cases, we accept contingency fees cases on a select basis and our percentage may depend on the complexity of the matter and the amount in dispute. For personal injury cases, our contingency fee for lawyer time is based on a formula and terms as set forth by Connecticut General Statutes. Contingency fees for employment cases are on a case-by-case basis and our fee depends on a number of factors including the type of employment dispute.
Hybrid Fees, Success Fees. Our hybrid fee agreements offer a discount from our hourly rates with a contingency fee aspect for any recovery. Essentially, this method of billing combines contingency and hourly billing. For example, we might lower our hourly rates but build into the fee a percentage of the gross recovery. This type of arrangement involves shared risk in the outcome between the client and our firm. Similarly, a success fee agreement includes a discount from our hourly rates with a bonus or success fee when certain agreed-upon metrics are met. This type of arrangement might include a results driven outcome.
Monthly Retainers or Virtual Days. We provide general counsel legal services to many business clients. We offer business clients a discount in our rates in exchange for a set monthly fee. In addition, we have the flexibility to offer legal services for a set number of days at a substantial discount to these clients. We find that many of our clients are very satisfied with traditional hourly billing. However, some clients preferred a fixed cost and we seek to provide additional options for clients.
Equity or Deferred Fees. We provide counsel to start-up and early-stage companies and ventures. For select clients, we are willing to provide our services in exchange for equity in a business venture. We also have the flexibility to offer select clients deferred or delayed payment while a client is seeking funding or financing.
Flat Fee Consultations. Many of our clients need situational advice in business, employment, or potential litigation. We frequently offer flat fees for attorney review, attorney conferences, and advice on a limited scope engagement.
If you would like to know more, please call us at 860-724-2160 or email firstname.lastname@example.org to schedule a consultation or obtain more information about our firm and fee options. Aeton Law Partners represents individuals, small businesses, and corporations in Hartford, New Haven, Middletown and the surrounding area. We provide both transactional work as well as counseling and representation in litigation matters. We represent clients in a number of fields including business, insurance, employment, litigation, and technology matters.