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Ethics/Professional Responsibility,
Law Practice

Nov. 16, 2018

The deceptive simplicity of flat-fee arrangements

Despite this seeming simplicity — as with most things in life — the unanticipated can throw a wrench into a flat-fee agreement

David M. Majchrzak

Shareholder
Klinedinst PC

Litigation, Legal Ethics

501 W Broadway Ste 600
San Diego , CA 92101-3584

Phone: (619) 239-8131

Fax: (619) 238-8707

Email: dmajchrzak@klinedinstlaw.com

Thomas Jefferson School of Law

David practices in the areas of legal ethics and litigation of professional liability claims.

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Heather L. Rosing

CEO and President
Klinedinst PC

legal malpractice (specialist), business law

501 W Broadway Ste 600
San Diego , CA 92101

Phone: (619) 239-8131

Fax: (619) 238-8707

Email: hrosing@klinedinstlaw.com

Northwestern Univ School of Law

Heather serves as the chairperson of the Legal Ethics and Law Firm Risk Management Practice Group, as well as the Lawyers and Accountants Practice Group. She is an appointed advisor to the State Bar of California's Rules Revision Commission.

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The deceptive simplicity of flat-fee arrangements
Shutterstock

Conventional wisdom holds that, as the number of moving parts decreases, so does the risk of problems arising. Perhaps for that reason, flat- or fixed-fee agreements have become more popular for lawyers and clients alike. Both sides agree at the beginning of the engagement exactly how much money will be paid in exchange for the performance of services. But despite this seeming simplicity -- as with most things in life -- the unanticipated can throw a wrench into the w...

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