Business, 15.04.2020 00:31 kelseybell2707

You are interviewing a new client. The client wants to hire your office to help negotiate the purchase of a small business. The seller has proposed $20,000. The new client would be willing to pay this amount, although she thinks it is a bit high, but she does not feel comfortable negotiating with the seller and would rather have an attorney involved in the deal for her protection. However, she is suspicious of paralegals and attorneys and is especially concerned about how much it will cost to get the representation she needs. You inform the client that the attorney will be the one who actually talks to her about the fee issue, but that typically this type of case is taken on an hourly basis and that the attorney will be able to give her only a very broad estimate of what the total matter will cost. The client states that this would be unacceptable to her because she "does not have a lot of money to pay overpriced attorneys." The client also states that she would like this matter settled as soon as possible. You must prepare a memorandum to the attorney outlining the issue and possible solutions. What type of fee arrangement would you suggest to the attorney? Please keep in mind the client’s anxieties and her particular needs

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