It sure is an interesting case. We are happy to take this on and think we have a good chance of winning. Our charges are $2,000/hr. This rate is subject to change depending on what we uncover during discovery. Are you ready to get started?
CEO
So that’s the story. We really want to get these guys and take this through litigation. What do you think?
Law Firm No. 1
Law Firm No. 1
Yes, $2,000 an hour. Given how big this case is we cannot provide a detailed estimate. Probably between $250,000 and $3,000,000. This may rise to more depending on certain variables.
CEO
Woah, $2,000 an hour? That sure seems like a lot. Is that rate negotiable? How many hours do you think you’re going to expend? Can you give me a detailed total estimate?
Law Firm No. 1
Law Firm No. 1
CEO
Well, I’m going to have to get back to you. The unknown certainly scares me.
Law Firm No. 1
CEO
What am I going to do...
CEO
What are we going to do? Without a detailed cost estimate our risk is just too high. I hate the idea that the Contractor is going to win! They messed up and they need to pay for it!
Don’t lose hope yet. A firm cannot refuse to negotiate or give a detailed estimate. Let's reach out to a buddy of mine from law school.
In-House Counsel
CEO
I knew I could count on you. Get them down here immediately!
In-House Counsel
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