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Yes, this is entirely possible. It's similar to how salesmen are paid by companies.
However, you need to make sure that you adhere to minimum wage laws and ensure that they are at least making minimum wage.
So does that mean I have to track hours?
An attorney would typically be tracking hours anyways, because of how they bill out...right?
Normally yes. But we take flat fees
I worked at an accounting firm, and they took flat fees and we still had to track our billable hours for efficiency purposes
Made sure we weren't just goofing off on the clock :-)
But if we didn't do that, how do we ensure minimum wage?
I'm sure though that any good attorney would not work if they were making less than minimum wage, though so you should be fine
That's just the only pitfall that I see
Because I'm 100% sure he would be getting more than minimum wage anyway
If you find an attorney willing to take minimum wage let me know :-)
I could use them.
Great. so could you summarize how it normally works for a salesman?
yeah, me too
Well it depends on the company and the contract
some work completely on commission
ok, so this would be like working on commission?
and they have a "draw" that they are paid similar to a salary, but the draw is based on a certain level of sales
if they don't meet the draw, then they typically lose their jobs
do they have a set base pay and then commission on top of that?
Others are purely commission
But, you'll typically see someone with a low salary - like $20,000 a year or something and then commissions on top of that
but, that $20,000 is based on a set level of sales
You couldnt' just not sell anything and draw $20,000 without repurcussions
so that's the way they ensure minimum wage
That would be how they would get around that, yes
and this type of arrangement would work for attorneys?
I don't see why not
It's a similar thing
so the employer still pays the payroll tax and other associated taxes, right?
so he can truly be an "employee" even with this arrangement? and even get other benefits like health coverage and stuff?
Yes, I do not see why not.
just making sure. Thanks!!