With the goal of solving
the business problem, not just the legal problem, in mind, we often discuss alternative fee arrangements with our clients.
Most firms limit their “creative” fee arrangements to discounts from the firm’s standard billing
rates. We have found arrangements that maintain the billable hour model with modestly discounted rates
often do not address the client’s concerns. Based on more than 30 years experience, including subtantial
management experience, we at The David Firm® are able to offer other types of fee arrangements that align the Firm’s
and the client’s interests and provide the client with more predictable costs, such as fixed fees for specified tasks
or phrases of an engagement. These arrangements allow the client to budget and to make a more informed
cost-benefit analysis of whether to settle or to litigate.