Orange County NC Website
KELLER AND HECKMAN LLP <br />1 <br />ATTACHMENT A <br />KELLER AND HECKMAN <br />TERMS AND CONDITIONS OF ENGAGEMENT <br />Hourly Rates & Fee Estimate <br />We bill monthly for the work we perform, which is described in detail in each monthly invoice. This practice helps <br />ensure that you have a current understanding of charges and expenses incurred to date. All statements are reviewed <br />before they are issued to ensure that the amount charged is appropriate. Bills are payable upon receipt. <br />Unless we agree otherwise, all statements for our services are the product of the hours worked multiplied by the hourly <br />rates for the attorneys, legal assistants and other professionals who performed the work. We bill on a quarterly hour basis <br />for our services. <br />Our hourly billing rates for this engagement are as follows: James Baller: $525; Sean Stokes: $475; Casey Lide: $450: <br />and Associates: $325-$375. These rates shall remain in effect for one year. After that, all hourly rates will be subject to <br />periodic review and adjustment. <br />In addition to our hourly rates, we charge for expenses incurred in handling a given matter, such as photocopying, filing <br />fees, and computerized legal research. We do not charge for long-distance telephone calls placed from our offices; fees <br />for other telecommunications services, including dial-in conferences, are charged to clients. Any out-of-pocket expenses <br />for travel, including hotel accommodations, airfare, and meals are charged to the client. We also collect for amounts due <br />for any applicable value-added or service taxes imposed by the jurisdiction in which the services are provided. All such <br />expenses appear on the monthly invoice. <br />To the extent you deposit funds with Keller and Heckman LLP to cover future fees that have not yet been earned or billed, <br />or future expenses that have not yet been incurred on your behalf, you agree that such funds may be deposited in <br />Keller and Heckman LLP’s general operating account without interest (as opposed to being placed in a separate client trust <br />account). At the conclusion of the Subject Matter, any excess funds deposited with Keller and Heckman LLP (funds in <br />excess of earned fees and incurred expenses) will be refunded to you in a timely manner without interest. <br />We cannot at this time provide the County a meaningful estimate of all the fees and charges that this engagement will <br />ultimately entail. Many variables affect the time and expense involved in providing quality legal services, including <br />actions of other parties that we cannot control. Upon request, we will be pleased to provide good faith estimates of fees <br />and the expenses we reasonably expect to incur for a particular phase of the project, based on our understanding of the <br />project at the time the estimate is provided. Such estimates are not a commitment to complete a project at a fixed cost. <br />Any special arrangements deviating from our customary billing practices must be mutually agreed to and conveyed in <br />writing. Absent such agreement, hourly billing will apply. <br />Interest <br />If you do not provide payment for the total amount due on monthly statements within sixty (60) days from the date on the <br />invoice, an interest charge at a rate of 1.5% per month may be applied to the balance. If interest is applied due to <br />non-payment after sixty (60) days from the date on the invoice, you will be notified of interest charges on reminder <br />statements every thirty (30) days thereafter. The interest will continue to accrue on a monthly basis until full payment is <br />received. <br />DocuSign Envelope ID: A6371713-B964-4D84-9086-021383D9FDF3