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Fee arrangements other than
the traditional hourly method available:
straight contingency - a percentage of the amount actually collected
reverse contingency - a percentage of the amount actually saved
mixed hourly/contingency - a reduced hourly
rate, plus a percentage of the amount actually collected or saved
flat fee - the fee is fixed and agreed upon at the
start of engagement
hourly capped - a hourly rate, but there will be a ceiling on the number of billable hours
mixed
flat fee/contingency - a flat fee for certain tasks, plus a percentage of the amount actually collected or saved
mixed
flat fee/hourly - a flat fee for certain tasks, plus an hourly rate for others
Not included in the foregoing are the
filing, docket, and other legal fees, and expenses like messengerial, postage, facsimile, photocopying, and transcripts of
stenographic notes.
For both straight and reverse contingencies, a deposit of 5% of the amount involved will be required,
but this amount will be deducted from the percentage of the amount eventually collected or saved. An additional P7,500.00
(around US$150.00) will be required to cover out-of-pocket expenses like transportation.
For the rest, a deposit of
P7,500.00 (around US$150.00) will be required to cover out-of-pocket expenses like transportation.
At the start of
engagement, an agreement will be drawn up containing the choice of fee arrangement, the scope of services to be rendered,
and the manner of payment.
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For specific cases or inquiries, please feel free to contact Francis M.
Egenias at egenias@justice.com. tel. no. 8107799, fax no. 893-4091, or at the address below.
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