Task Charging – How does it work?
Lawyers usually charge by time – what is sometimes referred to as an hourly rate. What lawyers do is to divide the hour into 10 six minute units. The client is charged for each unit. That is fine, if the lawyer works for six minutes. However, a lawyer will generally charge a full unit for work up to six minutes, whether they work for one minute, two minutes or even ten seconds. We think that is unfair. We charge by a fixed task schedule. What that means is that each task we do has a fixed fee, however long the task takes. This means that your legal expenditure is in your control, not the lawyer’s.
We estimate that task charging produces savings of between 10% and 40% of a comparable time charge model.