Billing Philosophy

Billing Philosophy

MGM rejects the notion that the only method of billing for services is to accumulate billable hours, tack on all incidental expenses, and send the client an invoice. We believe that with an efficient operating model, flexibility, and rejection of the traditional billable hour only model, we can work directly with our clients to provide exceptional legal services that add value for fair compensation. Options such as Investment Billing, which provides a fee schedule premised on achieving certain client objectives not just billable hours and Virtual General Counsel, a counseling option that offers a company the option of paying a monthly retainer for general business advice, MGM adapts to the client's individual needs and provides creative solutions that are predictable and value-added. Hybrid Billing such as reduced rates coupled with Contingent Interests have also been successful. Of course, efficient hourly billing is also available.