Guam Contract to Employ Attorney on a Fixed Fee Basis
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How to fill out Contract To Employ Attorney On A Fixed Fee Basis?
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FAQ
Fixed-fee is a type of pricing model. Sometimes referred to as a ?lump-sum? contract, a fixed-fee agreement establishes a set price for the completion of a service.
Fixed Fee means an agreed upon amount that is fixed at the inception of the Contract. In a cost reimbursable contract, the fixed fee includes the contractor's direct and indirect administrative costs and profit allocable to the Contract.
fee pricing method is setting one price across the board. The question is, ?what price will allow me to serve the maximum number of clients profitably??
?Fee agreement? as used throughout the opinion is the generic term for the various types of written contracts between lawyers and clients detailing the terms of representation, also referred to as engagement letters and retention, representation, or retainer agreements.
A fixed fee agreement is an agreement where the client pays a fixed fee for the legal representation, regardless of the time the attorneys and staff put into the case.