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BOSTON, MASSACHUSETTS | LOS ANGELES, CALIFORNIA | GARDEN CITY, NEW YORK*

 

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BOSTON COMMON

The Boston Common, almost 50 acres in size, is one of the oldest public parks in the nation.  British troops camped on the "Common" and left the location to battle colonial resistance in Lexington and Concord in April of 1775.

BILLABLE PRACTICES.

ENDEAVORLEGAL understands the legal needs and fiscal constraints facing start-up business ventures and has established its billing practices accordingly.

We offer a number of billing options to clients.  Our clients have the option of choosing  between affordable traditional hourly fees, economical monthly fees or fixed priced legal services for certain legal matters.

TRADITIONAL HOURLY FEES.  Traditional Hourly Fees range from Two Hundred Fifty Dollars ($250.00) to Two Hundred Seventy-Five Dollars ($275.00) depending on the complexity of the work involved.  Our hourly rates are substantially lower than standard rates at larger Boston, New York and Los Angeles based firms, which often range from Three Hundred Fifty Dollars ($350.00) to Six Hundred Fifty Dollars ($650.00) for partners and can often exceed Three Hundred Dollars ($300.00) for senior associates.  Our billable rates allow client cost savings to be substantial.  Over the course of forty (40) hours of legal representation, our clients often experience a cost savings in excess of Four Thousand Dollars ($4,000.00).

MONTHLY RETAINER/ "VIRTUAL GENERAL COUNSEL" FOR ELIGIBLE CLIENTS. Certain clients are eligible for our monthly retainer option where by committing to a one year contract for a recurring fixed fee of Two Thousand Dollars ($2,000.00) per month, we will provide ten hours of legal services per month.  That's ten hours of legal service at Two Hundred Dollar ($200.00) per hour - a Fifty Dollar ($50) per hour savings from our minimum hourly rate.

This arrangement guarantees that our client will receive all legal services at below our minimum billable rate, regardless of complexity.  Additionally, it is flexible, permitting a business venture to utilize any of our firm’s services and carry forward or borrow from unused hours in previous or future months - all we ask is that the client continues to make its monthly payments so that it continues to be eligible to receive our services at the reduced hourly rate.  Eligible clients who elect to participate in our monthly retainer option can sleep soundly with the knowledge that it’s routine legal needs will be met and it’s monthly legal budget will not be exceeded.  This program can also be customized according to the specific needs of a particular client.  Please contact us for details.

FIXED FEE FOR CERTAIN MATTERS AND TRANSACTIONS. Business ventures need assistance with numerous recurring legal matters.  Most large corporate law firms charge for such services on an hourly basis, often involving junior, mid-level and senior associates, and partners.   This practice tends to result in duplicated efforts at such a law firm and increased costs to their clients.  We believe that the best method of minimizing legal fees, while providing optimal client service is to charge a fixed fee for these types of matters, such as: 

FOR CORPORATIONS:

Preparation of annual stockholder and board of director meeting minutes;

Review of monthly board of directors meeting minutes for statutory compliance;

Filing annual reports with the Secretary of State;

Periodic review of capitalization.

FOR LIMITED LIABILITY COMPANIES:

Organization of Single Member Limited Liability Companies;

Filing of annual secretary of state reports; 

Periodic review of capitalization; and

Completion of standard transfers of ownership interests among LLC members.

 

WE NOW ACCEPT PAYMENT FOR LEGAL SERVICES THROUGH

Please email Eric C. Belanger for more information about our billable practices and your eligibility for the Monthly Retainer/Virtual General Counsel and/or Fixed Fee billable options.

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*ENDEAVORLEGAL'S PRESENCE IN GARDEN CITY, NY IS COURTESY OF THE LAW OFFICE OF JASON R. CORRADO