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What's In A Legal Fee
Affordable and Accountable Fees Structured for Your Busines
This is the industry standard that most everyone is familiar with. Often referred to as the hourly rate or the billable hour, the business attorney you work with will track his or her time and send you an invoice showing the number of hours worked multiplied by his or her hourly rate.
Know MoreThe Business Law Group is able to offer our clients certain services at a flat rate. This allows our clients to avoid the worry of how many hours our attorneys are working for them. They also do not have to worry about a high hourly rate. We are able to give them a flat fee for the work they need done and that is the all they will pay for that work.
Know MoreGeneral counsel plans are basically a monthly fee that our clients pay and in exchange they receive agreed upon services each month or over the course of a year. These services can range from regular meetings and work toward a long-term goal for you business or can encompass having your attorney on call when you need him or her.
Know MoreCertain projects have different thresholds that once reached can create an increased amount of risk. The Business Law Group offers a fee option that standard fees are charges prior to reach this risk threshold and if that threshold is reached a premium fee will be charged. This allows clients to receive preliminary work at a more reasonable fee.
Know MoreSometimes our clients have large projects with multiple phases and components. Similar to the flat fees we offer, The Business Law Group will offer fees specific to each portion of the project. Once a milestone is reached or the next phase starts, the fee will be due. If the project stalls or is terminated, only the work done is paid for.
Know MoreIn some specific cases, The Business Law Group is able to offer a greatly reduced hourly rate for our services to clients who pay a success fee upon the successful conclusion of a transaction. This allows our clients to worry less about our fees and give them confidence that The Business Law Group will not cause any unnecessary delay or hinder the transaction.
Know MoreIf you are starting to look at some of the big picture topics in your business, such as transitioning ownership, selling the business, succession planning or handing over control to the next generation in your family, you are going to have a lot of questions and need for the services of a business attorney in Grand Rapids. This can be tough to budget for as the intensity and need of that counsel can fluctuate from month-to-month. A General Counsel Plan will balance this fluctuation over the course of a year, get you the representation you need and come with the added benefits discussed below.
Know MoreIts not uncommon for even basic businesses to have compliance issues to deal with. Federal, state and local governments can set a number of requirements that can be burdensome on you as the business owner to deal with. Whether you need to apply for certain licensing requirements, file certain reports or maintain compliance with the required laws, statutes, regulations, rules or ordinances, The Business Law Group has the ability to take the burden off you. We can create a General Counsel Plan where we do the heavy lifting and ensure your business remains in compliance allowing you to focus on other aspects of the business. This also comes with the added benefits discussed below.
Know MoreYou may operate a business where it is necessary to have an attorney readily available to you. Whether you know you are going to face a number of disputes and conflicts every year, regularly enter into negotiations that could use the assistance of counsel or just want to know that an attorney that is familiar with your business available to you at any time, an on call business attorney can help you out. This also comes with the standard benefits of our General Counsel Plans discussed below.
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