Date: Wed, 31 Dec 1997 19:46:13 GMT Server: Apache/1.2.4 Last-Modified: Wed, 26 Mar 1997 07:36:26 GMT ETag: "9f656-14de-3338d1fa" Content-Length: 5342 Accept-Ranges: bytes Connection: close Content-Type: text/html Fee Determination
 
   
 

OBJECTIVE

   The Firm's objective is to charge fees which are fair and reasonable to our clients and to the Firm, while at the same time being competitive with fees charged by other law firms.


CONSULTATION

   The Firm is always prepared to provide an estimate of the fee's and disbursements which may be incurred in a particular project or matter. The Firm is always prepared to provide an estimate of the feed disbursements which may be incurred in a particular project or matter. Under certain situations, we are prepared to accept matters on a contingency or partial contingency basis. While we are always ready to provide an estimate for a particular matter, a precise estimate may not be possible at the commencement of the matter and may require various assumptions. We have extensive experience in many types of matters and can usually provide a reliable range into which the fee may be expected to fall. In the event that circumstances develop which may require a materially higher fee than estimated, we notify our clients promptly.


FACTORS

    The Firm's normal method of calculating fees is based on the following factors:

    1) Amount of time expended
      The Firm's practice is to utilize the lowest billing rate for an attorney who is competent to render the required services.

    2) Current hourly rates
      The current hourly rates assigned to attorneys in our Firm range from:
        A) ($140.00 per hr.) for a junior associate to
        B) ($300.00 per hr.) for a senior partner.

    3) Additional factors
      In addition to the time expended, our fees may also reflect the following factors:
        A) The results achieved
        B) The experience and expertise of the attorney's rendering the service
        C) The novelty, complexity and difficulty of the questions presented
        D) Whether we suggested the concept or strategy pursued by the client
        E) The importance of the particular matter to the client
        F) Any extraordinary efforts to meet time constraints
        G) Other special requirements imposed by client

    In determining the amount of our fees, we consider the presence of all the above factors, including, where appropriate or requested, the views of our clients.


DISBURSEMENT POLICY

   Unlike other law firms, we do not charge our clients for the costs of routine photocopies, ordinary postage, local telephone calls or similar items. However, clients are billed for services or goods required in connection with any proceedings, such as, but not limited to travel expenses, fees of translation or stenographic services, filing fees, Westlaw or other on-line research services, printing and binding services, shipping or delivery services, long distance telephone calls and telecopier usage. We will not incur any substantial disbursements or expenses without our client's approval.


BILLING CYCLE

   We normally issue invoices for fees and disbursements on a monthly or calendar quarter basis or at the close of a particular matter, as appropriate.
 
   
 

Wasserman, Schneider & Babb

All contents copyright © 1997, Wasserman, Schneider & Babb. All rights reserved.
URL: http://www.customs.com/fee.html