Archive:Financial and Legal Costs/Legal Fees: Difference between revisions
wikademia>Wikademia m Text replace - 'Category:International Business' to 'Category:International business' |
wikademia>Wikademia m Text replace - 'TF4.8' to 'ntnes' |
||
| Line 1: | Line 1: | ||
{{ | {{ntnes}} | ||
==Legal Fees== | ==Legal Fees== | ||
Revision as of 17:15, 10 April 2009
Legal Fees
Legal fees are usually established on an hourly-basis with an attorney or as a percentage of the transaction. Attorneys may charge $200 to $800 per hour or more, depending on the circumstances of the transaction, the county laws involved, and the complexity of the case.
Areas where a risk manager might need support of either in-house or specialized legal advice include the following:
- preparation of documents
- collection of bad debts
- mergers and due diligence
- bankruptcy/litigation
- contract preparation
- loan analysis
- negotiating and preparing of promissory notes that replace late accounts receivable