Joyce Brafford emphasizes that a lawyer's fee schedule should be like a car's sticker price, outlining service fees to prevent ad hoc billing and clarify client expectations. Without transparency, lawyers risk undervaluing their services by discounting prices out of compassion, which can undermine their financial stability.
Jared Correia points out that a paid consultation is an investment of time that deserves compensation. He notes that if a potential client balks at paying even a nominal fee, it raises red flags about their willingness to pay for actual services.
The engagement agreement serves as a crucial tool for lawyers to establish clear expectations with clients, detailing both the fee structure and scope of representation to foster accountability and understanding.
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