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Litigation Pricing

Legal Operations | Litigation Pricing | Litigation Knowledge Management | Litigation Legal Project Management

In today’s legal services market, clients demand customized, flexible, and predictable budgets.

Over the course of Fish & Richardson’s 140 years of handling patent litigation, we have seen it all; we know not only how our matters should play out but also how much they should cost. Our Pricing team incorporates decades of data and cutting-edge, proprietary budgeting tools to develop thoughtful, value-based budget options for our clients.

Fish has long been a leader in developing and implementing alternative fee arrangements. Some of the alternative fee arrangements we offer are:

A monthly fee schedule is set at the outset of the engagement. For example:

  • Monthly payment is fixed.
  • Payment varies by phase of case.
  • A fixed fee payment schedule is established, with a collar above and below the fixed fee estimate (e.g., 10 percent above/below).
  • If the actual hourly fees are above the upper collar, the client pays the firm a predetermined percentage of the difference.
  • If the actual hourly fees are below the lower collar, the firm credits the client for an amount equal to a predetermined percentage of the difference.
  • A single hourly rate is charged for all attorneys.
  • Only a percentage of our hourly fees is charged each month to the client, with the balance being held back.
  • If we meet defined success targets, then depending on the target met, all, a portion, or a multiple of the holdback is paid. If we are not successful, the holdback will not be paid.
  • Fees are based on a percentage of recovery.
  • Learn more about contingency fees here.

Examples:

  • Fixed fee for pre-trial, hourly fees during trial.
  • Blended rate with holdback and success bonus.
  • Percentage of hourly fees with contingent fee based on any recovery.

We craft our pricing proposals specifically for each case, taking into account each client’s particular budget, goals, and expectations. We tailor our case strategy to meet those goals and expectations as efficiently as possible. For our clients, it means transparent, predictable budgets that maximize value.

Making up the three core components of our Litigation Legal Operations suite, our Pricing team works directly with our Legal Project Management and Knowledge Management teams. Feedback, communication, and lessons learned ensure that the Pricing team has the real-world and real-time perspective that is crucial to ensuring that our approach to pricing reflects the best available current information. These three teams work seamlessly with Fish’s highly skilled and accomplished lawyers to provide our clients with value-oriented service. That means top-notch and cost-effective legal representation to handle our clients’ most critical and complex disputes.


Learn More About Fish’s
Litigation Legal Operations

Kurt Glitzenstein
Kurt Glitzenstein
Principal, Litigation
Practice Group Leader
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Carl Manning
Carl Manning
Global Director, Litigation
Practice Systems
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Robert Brackett III
Robert Brackett III
Litigation Pricing
Christine Duffy
Christine Duffy
Knowledge
Management
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Stephanie Carr
Stephanie Carr
Legal Project
Management
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Team Contact

Robert Brackett, Senior Pricing and Client Services Manager

Litigation Legal Operations Team