The CONTROL© audit kicks off with the most important element…
It’s common knowledge that cost and stress are close friends.
You get overwhelmed. You hesitate. You feel lost.
No one wants to be left in the dark about price. And certainly no one wants to hear “it depends” when you ask how much something costs.
No one likes price uncertainty. And no one should waste their time talking to someone who avoids the cost conversation.
Not to worry. There is a way to get on the front foot and force your lawyer to discuss costs. All you have to do is ask:
"A set amount paid for work or a service, that does not change with the time the work takes of the amount the service is used" (Lexicon, 2017)
Meaning the cost will not vary, whether it takes 3 months or 3 years to complete. Not one dollar more. Not one cent more.
Fixed costs are based off the mean or median price for pay-by-the-hour lawyers.
"The amount of money that is charged, paid, or earned for every hour worked" (Cambridge, 2018)
The result is a fee that sits near the middle of the price range.
An example of how a fixed-fee lawyer runs their pricing
For example, Sheryl needs to get witness statements. It could take a lawyer anywhere from twenty minutes to ten hours of work to obtain the statements. It all depends on the helpfulness of those at the scene, the location of the witnesses, and the credibility of their words.
This means it could cost anywhere from $200-$2500 for a pay-by-the-hour lawyer to do the work.
Contrast that with the fixed-fee lawyer. He’s based his fees off the mean cost, and has proposed $1100 flat to get Sheryl her witness statements completed.
Now $1100 may be $900 more than the lowest cost possible. BUT
it is $1400 cheaper than the highest price. And that’s not where it ends.
An example of the never-ending costs for pay-by-the-hour lawyers
Fixed fees thus becomes highly beneficial to most. Most, that is, excluding the daredevils. The risk takers. The thrill seekers. Those who like to live on the edge.
The majority who want certainty will find solace in a fixed-fee lawyer. For ultimate peace of mind. Like most would pick a fixed-interest bank loan.
And like most, Sheryl’s biggest fear was cost. But now, Sheryl can budget for the legal costs. She can evaluate the costs. She can decide whether it’s feasible. All before signing any agreements for the lawyer to proceed.
"The majority who want certainty will find solace in a fixed-fee lawyer. For ultimate peace of mind."
Just like when you’re picking between two four-wheel drives and you realise one comes with fixed-fee servicing for 3 years.
For just $240 a visit, you can be guaranteed your first 6 services will be capped. Or, you can pick the varying service fee. Your first visit could cost just $100 for a check, but your 5th visit could cost $1500.
You could be taking a walk. Having a swim. Catching up with friends. All while you wait. But instead, you’re stressed. Wondering what your mechanic is doing. Wondering if you can pay for whatever your mechanic is doing.
Most would pick the fixed-fee option because they want to be certain the job will get done for a price they can afford.
Just like Sheryl wanted to be sure her lawyer could get the job done for a price she could afford.
She used a lawyer that offered a project managed process. Just like you would want a project-managed servicing agreement.
Using the CONTROL© Audit, Sheryl can find the right lawyer for her. A lawyer that she can afford. A lawyer to give her:
A lawyer that’s so cost-effective she can walk to her fridge, pour a glass of wine, and not care if it’s the Gossips or the Dom Perignon.