©2010 Raymon B. Harvey, P. A.    Arkansas Elder Law™  Arkansas Elder Law & Special Needs Trusts™ Fees 501-221-3416 650 S. Shackleford Rd. Suite 400 Little Rock, Arkansas 72211 Tel:   501-221-3416 Fax:  501-221-2689 info@ArkansasElderLaw.com LEARN MORE INFORMATION YOU CAN USE We will use hourly billing where the extent of the necessary services cannot be determined in advance. The hourly billing fee is determined by multiplying the hourly billing rate of the staff providing the service and the time he or she spends on the matter. Different hourly billing rates are charged for the attorney and legal assistants. At the beginning of the matter, we will provide you with our hourly billing rates and an estimate of the total fee. When hourly billing is used, we will charge a retainer fee (frequently one half of the estimated total fee) when we begin the case. We will bill against the retainer fee. When the retainer fee is reduced to zero, we may ask that you deposit a new retainer. How do you set fixed fees? We set fixed fees based on the following factors; 1) the information provided by the client at the initial meeting, 2) the client’s time requirements, 3) the scope of the services required, 4) the difficulty of the issues involved, and 5) our estimate of the time that will be required to provide the necessary services.  For example, we will set a higher fixed fee for an estate plan that must be delivered within a week or for an estate plan that provides for gifts to beneficiaries in trust rather than distributed outright. Where new facts are developed after the case begins or where the scope of our services changes, we reserve the right to change the fixed fee. What is a retainer? A retainer fee is a fee deposit. The Law Firm will hold the retainer fee in our client trust account. We will make withdrawals from this deposit to pay our fees. Will I be responsible for costs and expenses?  Yes, we will bill you for costs and expenses paid to third parties. For example, we will bill you for fees to record documents, court filing fees, overnight delivery costs, and costs of travel outside of the Pulaski County area. You will be provided with an estimate of these costs and expenses when you engage us. We will not bill you for normal overhead expenses such as photocopies or long distance telephone calls. Will you make house calls? Yes, we have and will meet with a client in his or her home, another professional’s office, a hospital, a nursing home, or an assisted living facility. Due to the additional time required, we charge an additional fixed fee of $250 for out of office meetings in the Pulaski County area and our hourly billing rates outside of Pulaski County.