eFirm: Fee Quote Builder

When to use this

Use this skill to:

• Build a formal fee proposal in response to a client Request for Proposal (RFP) or new matter instruction.
• Advise a client who asks "how much will this cost?" in a way that protects the firm and sets realistic expectations.
• Evaluate which fee structure best matches the matter type, risk profile, and client preference.
• Prepare the fee section of an engagement letter ([[efirm-engagement-letter-draft]]).
• Review whether an existing fee arrangement remains appropriate as a matter evolves.

Fee structures — when to use each

1. Hourly — rates by seniority; estimate + ceiling

The baseline structure. The client pays for time spent at agreed rates.

Best for: matters where scope is unclear at outset (complex litigation; restructuring; regulatory investigation).