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Why Fixed Fees?
Traditional legal services have gotten too expensive. Big firms routinely
charge $700-1000 per hour to consult with experienced attorneys. Those rates are prohibitive for
many small businesses. And the client has little, if any, control over their legal bills. Some
clients feel that high hourly rates are like handing over their checkbook to their attorneys. Fixed
fees offer an alternative that puts the client back in control of their legal services budget.
What do Fixed Fees Mean?
Fixed fees mean that specific legal services are provided for a set price
that is agreed upon before the services are performed. At IVLO, our goal is for the client to be informed
about what legal services are required and to be able to make reasonable decisions about what services
they want to purchase.
For preparing a simple document, the fixed fee may just be a single dollar amount.
For more complex matters,
a list of itemized fees may be needed to identify different services. If the nature of the legal work
cannot be anticipated upfront, fixed fees for milestones or projects may be agreed upon along with appropriate metrics that
reflect the nature of the work performed (e.g., pricing per meeting, per stock issuance, per negotiated
provision, etc.) and the value we provide.
IVLO is a pioneer in developing packaged legal solutions. All of our packaged legal solutions are offered on a fixed fee basis. If you have any questions about our fixed fees, feel free to ask us. We are always
willing to discuss our billing arrangements and find one that best fits you and your business.
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