Res 2004-133 - Laserfiche WebLink

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August 12,2004 Page 3 Fees, Disbursements, and Other Charges Many factors are considered in determining our fees, including the novelty and difficulty of the questions involved; the skill and amount of time required to perform the services properly; the experience, reputation, and ability of those performing the services; the likelihood that the engagement will preclude other employment; the time limitations imposed by you or the circumstances; the amount involved and results obtained; and any other factors that may be relevant under applicable rules of professional conduct. Project billing, general billing, flat rate billing or other options best serve client needs on some projects. For other projects, our fees are based on the hourly rate for the attorneys and/or paralegals involved. Each lawyer and paralegal has an hourly billing rate based generally on his or her years of experience and special skills. We multiply the hourly rate by the time spent on your behalf. Our billing rates currently range rrom $190 per hour for new associates to $475 per hour for senior shareholders. Time devoted by paralegals is charged at billing rates currently ranging rrom $80 to $180 per hour. These rates are adjusted from time to time to reflect increased experience and special skill, and inflationary costs affecting our practice. The adjusted rates will apply to all services performed thereafter. This matter will be billed on an hourly rate basis. The initial rate structure for the attorneys who we believe may be involved with the project is set forth on the Fee Schedule attached hereto. Notwithstanding the preceding paragraph, we will not adjust the rates for the hoteVconference center project at any time prior to September of 2005. In addition to our fees, we will bill you for disbursements and other charges as described in the General Provisions enclosed with this letter, however, as I discussed with Mark Taylor, we will only bill you for one-half of the "travel time" our lawyers incur during the drive to and from San Marcos for meetings. Please contact me if you have questions or concerns about our fees or billing procedures. Conflicting Representation It is agreed that our firm reserves the right to continue to represent or to undertake to represent existing or new clients in any matter that is not substantially related to our work for you. Our firm agrees, however, that the prospective consent to conflicting representation reflected in the preceding sentence shall not apply in any instance where,