1988-06-13 Public Hearing and Regular Meeting

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• • PJIr. Knox Askins, City Attorney Page 2 June 8, 1988 Estimated senior partner time: 100 hours - $25,000 Estimated subordinate and staff time: 100 hours - $10,000 $35,000 - $50,000 range Costs will range from $500 - $1,000. Appeal of a 'udgment. If an appeal is taken to the Court of Appeals from a trial court judgment, then In the Court of appeals: Range $10,000 - $15,000 In the Supreme Court: Range $5,000 - $7,500. Costs will range from $1,500 - $2,500. 2. Compensation for Services Rendered. This firm charges fees for legal services rendered upon the basis of chargeable time. Chargeable time is defined as the amount of time that a lawyer possessing equal years of experience and having ordinary competence in Harris County, Texas, may be expected to expend in the accomplishment of a given legal task. As an example of its operation, if a lawyer of ordinary competence requires two hours to accomplish a given legal task, but this firm would accomplish the task in one hour, you would be billed at the firm's hourly rates for partners and associates involved for two hours' services; otherwise, we would be penalized for possessing more expertise than the lawyer of ordinary competence. Conversely, if such a lawyer required two hours, but we required four hours to accomplish the task, you would be billed for two hours' services. The concept of chargeable time necessarily takes into account all factors set forth in DR2-106, Rules of Disciplinary Conduct of the legal profession, copy enclosed. Any final billing to you for services rendered will be based upon chargeable time and will take into account applicable factors stated in DR2-106. This firm charges actual time rates for purposes of interim billings ranging from $250 per hour for partners down to $45 per hour for paralegal services. The hourly rates will be adjusted dependent upon inflation. We bill on a regular basis for time expended, at actual time rates, only. Interim billing amounts will be taken into account in any final billing. All fees payable to the firm are payable at its offices in Houston, Harris County, Texas.