
In today's litigious business climate, most small business owners will find themselves requiring the services of an attorney on a regular basis. When drawing up a buy-sell agreement, reviewing a lease or collecting funds, it is imperative that a business owner seek the advice of a licensed professional.
Most business owners try to avoid the high cost of legal care by utilizing the self-help approach. This leads to costly mistakes that can be financially devastating down the road. Small Business Legal Plan members have access to a nationwide network of pre-qualified attorneys who are contracted to provide free and discounted legal care. Members can save thousands of dollars each year and avoid the pitfalls of self-help legal care.
Plan attorneys will provide extended legal care at the reduced hourly rate of $125.00 or 40% off attorney’s usual and customary hourly rate, whichever is greater. In most cases, attorneys can accurately estimate the hours for any given case.
Attorneys often work on a contingency fee basis on cases such as personal injury and collections. This fee is usually expressed as a percentage of the amount collected or awarded. In collection matters, attorneys will accept 18% if the case is settled before formal court proceedings begin. After proceedings begin, the fee is 27%. On all other contingency matters, there is a 10% discount on the lower of either the state maximum or the attorney's standard rate.
In the case of extended legal care, plan attorneys may ask you for a retainer. Any retainer sought will be computed by multiplying the number of hours a plan attorney believes a case will take, by the appropriate discounted hourly plan rate. For instance; 10 hours x $125.00 = a retainer of $1,250.00. Any unused portion of the retainer will be returned to you.
Full details are posted on the Complete Benefits Plan website. You will auto redirected there before the chick out process.
*Court costs, filing fees and time charged for travel to and from any courts are additional.
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