Tips to Negotiate Fees with a Bankruptcy Lawyer in Huntersville, NC

by | Jan 13, 2016 | Lawyers

There are many people who may not realize it is possible to reduce the bankruptcy lawyer fees that are paid in Huntersville, NC. The fact is that a lawyers costs will vary, based on the amount of time that is involved in the case, the years the lawyer has been offering these services and how fast the lawyer is that is working on the cost. The cost will also be dependent on if the client is using a smaller firm or a big name firm.

Once the bankruptcy lawyer in Huntersville, NC provides an estimate for the cost of a bankruptcy case, negotiations can begin. Tips here will help a client get the best services for an affordable cost.

Years of Practice

The years of practice a lawyer has will prove a number of things and in some cases, more history equates to higher fees. However, clients may also receive a quote from a bankruptcy attorney that has fewer years in the field. If this person is selected, it may take longer to have the case closed. In this situation, it is important to determine what is more important: a quick resolution or affordable price.

Lawyer Speed

Be sure to ask the attorney how they charge for services. There are two basic options: a flat fee or by the hour. If an attorney charges by the hour and the case continues to drag on, a client can look at significant, unexpected charges. However, if they provide a flat rate, then a client will know how much they are going to have to pay, no matter how long the case takes to resolve. In some cases, it will be possible to negotiate a lower rate if the case takes over a certain number of hours, but this is something a client will have to discuss with their attorney.

The fact is that no matter who is selected for a bankruptcy case, if the client is not happy with the cost, they should try to negotiate it down. Most firms will be open to this and have no problem providing a reduced rate. Contact Lake Law PLLC to learn more.

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