We are commercially minded in our approach to negotiating fee arrangements with our clients. This is why we offer a number of fee options from which to choose from and remain ‘open minded’ on alternative fee arrangements that might be proposed.
Our traditional fee options include:
|Time Billing Approach:
|Based on the hourly rates of the individual involved in the assignment and the amount of time expended on the job. Currently, our hourly rates range from $195 - $395 per hour.
|Fixed Fee Approach:
|Under this option our fees are solely a function of the benefit that is received as a result of our efforts. Where there is no benefit, we will not charge any fee, regardless of how much time we spend on the assignment.
|Hybrid Fee Approach:
|Representing a mix of our scheduled rate approach and fixed fee option.
|No charge for 'out of pocket' expenses:
|Swanson Reed will not charge for disbursements. Rarely, where there is an unforeseen and substantial cost to us, and that cost is necessary to the assignment, we will mutually agree that cost in advance.