7 Factors to Determine Your Hourly Rate

How much should you charge for your legal services? It's a difficult question to answer.

It can be tempting to focus on what other lawyers are charging, but this can be problematic. If price were the only measure of competition among firms, you’d be in a quick race to the bottom.

A better solution is to demonstrate the value of your services and to set your rates accordingly. Be sure to consider factors such as experience, time sensitivity, expenses, and your goals as a business.

Read How Much Should Lawyers Charge? 7 Factors to Determine Your Hourly Rate, authored by Jared Correia, CEO at Red Cave Consulting, to learn more about:

• Assessing price versus value
• What circumstances can affect your rate
• How to calculate an hourly rate

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