Please note that this form is in Microsoft Word format.
This form is a letter giving alternative fee options to client. The fee letter provides the client with three fee options. The letter covers a proposed engagement to assist in preparing a private placement memorandum for the client to sell interests in a limited liability company. After an analysis of similar work, the law firm was able to present clients with different alternatives on how they wanted the fees to be charged a fixed fee with a contingent success payment, a reduced hourly rate with a premium payment at closing, and a regular hourly rate arrangement based upon the time it takes to handle the matter.
This form is discussed in more detail in Winning Alternatives to the Billable Hour: Strategies That Work, Third Edition.