Real Estate Law
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in a flat retainer situation, she was supposed to do certain amount of work. the amount could have been higher has she billed on per hr basis, but she got a lump sum on the spot instead of smaller sums over time. how can the work be prorated fairly under circumstances?
this is exactly what I am trying to understand: when you pay a flat fee. you pay less than what you would have paid en you pay if you paid on per hour basis - just because yo are paying a lump sum in advance. the client loses investment opportunities, as well as an opportunity to hire a lawyer who would actually follow through. what is equitable under the circumstances?
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