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Anatomy Of The Collections Process:  An Overview With Efficiency Tips From A Seasoned Collections Lawyer

Attachment 1

Fee Agreement-Hourly


Dear  :

This is to confirm our agreement concerning our firm's repre­sentation of / in connection with / claim() against   and other legal matters handled by the firm.

Unless otherwise provided by written agreement, our represen­tation will be provided on an hourly fee basis whereby the time expended by various lawyer and non-lawyer persons in our office will be reimbursed for the time expended at their respective hourly rates in effect at the time the work is performed. The current hourly rates for the personnel who may be expected to work on / are: ________  for $______ per hour; legal assistants and law clerks for $_____ per hour, with other attorneys providing services at rates ranging from $_______ to $______  per hour.

In addition, you will be invoiced for all expenses incurred in connection with /, including expert witness fees, travel costs, deposition costs, long distance telephone charges, copying expenses, court costs, and any other charges attributable to /. All fees and expenses will be invoiced on a monthly basis. Billings are due upon receipt and payment is considered late if made more than thirty (30) days after receipt of the invoice without prior approval.

We will require a $ retainer from you, against which we will bill on a monthly basis for fees and expenses accrued. Once the retainer is depleted, you will be invoiced for fees and expenses. We reserve the right to request additional retainers from time to time to cover significant antici­pated expenses, such as discovery costs or trial costs. We reserve the right to withdraw our representation if any requested additional retainer is not received. Upon completion of the matter, any unused portion of the retainer will be refunded/non-refundable.

We reserve the right to withdraw our representation if our billings are not paid in a timely manner. Further, we reserve the right to withdraw in the event our continued representation could constitute ethical violations.

Notice to Clients: The State Bar of Texas investigates and prosecutes professional misconduct committed by Texas attorneys.  Although not every complaint against or dispute with a lawyer involves professional misconduct, the State Bar Office of the General Counsel will provide you with information about how to file a complaint. For more information, please call 1-800-932-1900.  This is a toll-free phone call.

If this correctly sets out our agreement as you understand it, I would appreciate your having an authorized agent for  sign a copy of this letter and return it to our office for our files.


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