Clients are often concerned about what it will cost to bring their case to a successful conclusion. While Bos & Glazier works on a straight hourly arrangement for some of our practice areas (Commercial disputes and most defense cases), we also accept cases on a contingency fee basis.
Like it sounds, a contingency fee means that we do not recover any fee for our time unless there is a recovery for our client. Our fee in contingent cases is based on a percentage of the total recovery after deducting out-of-pocket costs that we paid to prepare the case. The contingent fee arrangement puts most of the risk of litigation on our firm. The terms of the agreement are spelled out in an easy-to-read written contract signed before we begin to work on the case.
For cases we handle on an hourly basis, we may charge a retainer. We will bill against that retainer on a monthly basis. We provide guidance on what the likely costs of litigation will be and advise if unexpected turns in the litigation (which can happen) will change the anticipated budget. We do not use inexperienced, young attorneys who "learn the ropes" on client cases. Every Bos & Glazier attorney has at least 20 years of litigation experience.