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Legal Fees, Expenses, and Litigation Budgets

·

By

ACL

The short answer

Litigation costs include lawyer fees and separate expenses such as filing fees, court reporters, and experts. Fees may be hourly, flat for defined tasks, or contingent on recovery.

Where it fits in your case

Before deciding whether to sue or defend, and throughout the case.

What to expect

  • Hourly fees bill time spent; a budget estimates totals by stage.

  • Flat fees cover a defined task; ask what is excluded.

  • Contingency fees must be in a signed writing explaining the percentage and how expenses are handled.

  • Security retainers are held in trust and applied to invoices.

  • Expenses, especially experts and depositions, are often the most variable cost.

What to compare

Proposals side by side, including assumptions, staffing, expenses, and what happens if the case goes to trial.

Common misconceptions

  • “The lowest rate is the cheapest lawyer.” Efficiency matters more than rate.

  • “Contingency means it costs nothing.” Expenses may still apply.

This resource provides general information about Illinois and federal law, not legal advice about your situation. Reading it does not create an attorney-client relationship. The right answer often depends on the specific facts, contract language, policy wording, and deadlines involved.

ALLISONCHOLAW / BUSINESS LITIGATION & COUNSEL

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