DIVORCE AND LEGAL FEES
By: The
Beaulier Law Office
How Much Will the Divorce Cost
It is difficult to determine how
much a divorce will cost. However, after reviewing the likely issues, your method
for resolving those issues, and hearing your philosophy of the case, a lawyer
may be able to give you a range of expected expenses. Controlling the expenses
in a divorce, however, is no easy task. Many of the factors contributing to
legal costs are outside of your lawyer’s control. The personality and philosophy
of your spouse’s attorney can affect the ultimate path that your divorce takes.
Additionally, the ability of the parties to cooperate and communicate may also
have a significant impact.
Written Retainer Agreements
Your attorney is required to provide
you with a written retainer agreement identifying the costs and hourly fees
that will apply to your case. It is important that you read this document carefully
and ask questions regarding any unclear issues. Signing a retainer agreement
does not mean that you cannot fire your lawyer or that your lawyer cannot withdraw
from the case. You may change lawyers at any time. The retainer agreement, however,
will memorialize the terms of your billing relationship with the attorney. Once
you have signed the retainer agreement, it is a legally binding and enforceable
contract. Always keep a copy of your retainer agreement for later reference.
Flat Fees
Fees charged by lawyers can vary
from state to state and county to county. You may find a lawyer who charges
a fixed flat fee for motions after a divorce or for uncontested proceedings
where the parties have reached an agreement. In such instances, the amount of
work which must be performed by the lawyer can be easily determined. This is
a favorable payment method since you will know at the outset the total cost
of the proceeding which will allow you to budget accordingly.
Hourly Fees
In most contested cases, you will
find that lawyers will bill out their time at an hourly rate. Although rates
vary, you may expect your lawyer to bill out services at an hourly rate between
$75 and $250 per hour. Reduced hourly rates may apply to services that are performed
by associate attorneys, paralegals, law clerks or legal assistants in your attorney’s
office. Hourly rates are influenced by your attorney’s legal experience, reputation
and the demand for his/her services.
Minimum Fees
Lawyers may also charge minimum fees
for specific services that are billed out as part of the divorce proceeding.
For example, drafting a Motion or a Petitioner may be billed out at a flat rate
of $200. You should discuss with your lawyer any minimum fees that may be applicable
to your case.
Minimum Billing Increments
Your lawyer may also bill out services
based on a minimum billing increment. For example, your lawyer may bill out
his or her time in twelve minute increments or two tenths of an hour. That means
for any service no matter how short, the lawyers time is rounded up to the nearest
twelve minute increment.
Costs
In addition to your legal fees, you
may be required to pay any costs that are incurred by your lawyer that are associated
with your case. Costs may included charges for any filing fees, copies, mileage,
faxing, service of papers, postage and parking. It is important for you to review
and understand the costs that you are likely to incur.
Experts
You may also be required to cover
any costs related to necessary experts. Experts may be used to provide medical
testimony or appraisals of real estate, business assets or personal property.
Independent custody evaluators may be hired to perform a custody study or vocational
experts may be necessary to determine what financial support is necessary. The
need for experts depends greatly on the issues of your case. You should consult
with your lawyer regarding the potential need for experts in your case and an
estimate of the costs.
Retainers
Your attorney may request a "retainer
fee". This is an advance payment against which any hourly fees and/or costs
are assessed. The retainer is a form of security deposit to ensure payment of
future legal fees.
Payment Arrangements
Most lawyers will require you to
remain current on your legal fees. The reason for this, is that each month the
lawyer must pay offices expenses related to rent, payroll, advertising and other
overhead. Some attorneys may even require a new retainer when the original retainer
is exhausted. If you are unable to remain current, you do have options that
can be discussed with your lawyer.
Security for Fees
You may secure your legal fees by
providing a lien against a marital or non-marital asset. Be sure to review any
agreements related to security interests carefully. Moreover, if a security
interests relates to real estate, it is necessary for your attorney to inform
you that you have the right to have the agreement reviewed by separate counsel.
Wage Assignment
You may also suggest to your attorney
a wage assignment which ensures a consistent monthly payment toward your legal
fees.
Credit Cards
Most law offices will accept credit
card payments. _______________________________________________________________
This article was authored by The
Beaulier Law Offices with offices in Minnesota. Phone: (952) 831-5000. Email
address: lawyers@beaulier.com
Reprinted with permission of the Beaulier
Law Firm.
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