Whenever you face a lawsuit, your focus of attention is always winning the case. However, you must not forget to keep a track of the expenses involved in handling the case. Many a times, it has been noticed that people tend to miss out on some simple issues, which may turn out to be a source of problems in due course.
So, let’s look at top 5 things that people tend to overlook, but these things may back fire on you, and cost you a great deal.
1.Is there any retainer payable up front?
Payment terms always vary, as some attorneys prefer to charge some retainer upfront and the remaining portion of the fee progressively. While, on the other hand, some lawyers even charge all their fees after the settlement of the case. Hence, you must make sure that you understand all the payments terms mentioned in the contract.
2.How many cases is your attorney handling in parallel?
An experienced attorney, who charges you less, may not necessarily be advantageous, because the number of cases your attorney is handling in parallel, almost has a considerable impact on the case. If your attorney is too busy, handling more than 5-6cases in parallel, then chances are high that he/she may be stuck up with other cases, and may not be able to spend too much time with you.
3.What could be the surprise expenses involved in the case?
It is quite possible that under special circumstances, during the lawsuit, you may even end up getting sued for some other reason, therefore, handling such cases essentially involves additional attorney fee. So, you must know how much it would cost you extra, should the things go wrong in an unlikely case!
4.Does the lawyer advance out of pocket costs?
You must not end up hiring attorneys, who are not willing to negotiate upon payment terms even to the slightest extent. Remember, the initial agreement is always subject to considerable amount of variations, so it is important that you hire someone who’s flexible enough to keep the overall budget of the case, under the affordable limit.
5.Would any unused portion be refundable?
Sometimes, many attorneys even include some refundable fees in the contract, so you must know whether the total charges involve any refundable fees. More importantly, under what circumstances can you get back that refundable amount?