what is the cost per page for an attorney to review a document

The cost of an attorney’s contract review depends on the number of pages of the contract. Typically, an attorney will charge a flat fee per page, but this can vary. The fee you pay will depend on the complexity of the contract and the lawyer’s time.

Full Answer

How much does a lawyer’s review cost?

Jul 23, 2020 · This easy, “explain-this-to-me”, contract review will cost you approximately between $150 and $350 and you’ll spend very little time in contact with your attorney, as it’s almost always conducted over the phone. In short, if you can limit the extent of the contract review, the attorney fees will not hurt your pocket as much.

How much does legal document preparation cost?

The price range depends on the complexity of the contract and the level of service. A basic contract review can run anywhere from $450 to $3,000 depending on the level of service. During a basic contract consultation, the attorney learns about the details of the contract and makes suggestions for revisions.

What makes a good document review attorney?

Nov 25, 2016 · I contacted an attorney for review and he would be charging me 4 1/2 hours to read the 13 pages to make sure that there is no uncustomary verbiage in the contract. While I found this attorney through Legal Access since I am a subscriber, the agreed fee was $75 an hour and therefore the attorney jacked the price up by multiplying the hours up to ...

How do you review a contract with an attorney?

Jul 19, 2021 · You will incur costs when hiring a lawyer to review an employment contract. The lawyer will spend time learning about the position and analyzing the terms. ContractsCounsel’s marketplace data shows the average employment contract review costs to be $431 across all states and industries. Investing Contract Review Cost

How many documents do you need to review per hour?

What is legal document review?

Why do lawyers review contracts?

How do you ask a lawyer for a review?

How is document review done?

How do I fill out a document review?

How much should I charge to write a contract?

What is contract Review Checklist?

How long does a contract review take?

How do I leave a review for a law firm?

Reviewer Downtime

Downtime is to be expected, whether it’s due to a network outage, software update, quick coffee break or a large document that takes 30 seconds or longer to load. With per-hour pricing, the legal document review attorneys are still getting paid during these downtimes, even if they aren’t actually reviewing any documents.

Errors & Quality Control

With the per-hour-priced document review model, when inherent changes and updates occur, the client is billed again for that work. An example of this is when new attorney names are added to the privilege list necessitating a search for those names in already-reviewed documents.

Productivity & Efficiency

When you pay for document review, you expect it to be done accurately and efficiently. Under the per-hour pricing model, reviewers have no incentive to get their coding correct on the first pass because they are paid based on the number of hours it takes them to complete the review.

Anthony Bettencourt Cameron

Asker, I do apologize because I am not going to answer your question directly, either. You query has, however , pointed out one of the glaring weakness in "prepaid legal service" as applied to "hourly" work. Lawyers are tempted (and some succumb) to adjust the time to arrive at the same fee they would have charged to a non-member.

Rixon Charles Rafter III

As you indicated, its an offer--you are not obliged to accept it. Is the lawyer an admiralty law attorney? If not, 21 minutes a page with supplemental research required, for an attorney not well experienced in Admiralty is not outlandish. Some pages will require more, others less...

Jeffrey B. Lampert

At first blush, the fee seemed to be high but you should understand that as much as it is tempting to say 270 minutes is ridiculous to review 13 pages (20 minutes per page, roughly) there is something else going on--the attorney dies need to see what is involved when dealing with a vessel...

What is consulting agreement?

Consulting agreements are used between a company and a consultant and may have big implications on payment and liability exposure. Service Contract. Service contracts are put in place by businesses to govern the terms of services that will be provided.

What are the different types of contracts?

What Types of Contracts Should Be Reviewed? 1 Employment Contract. An employment contract is a legal document that governs an employee-employer relationship. Given how important these documents are, they should undergo contract review before signing. 2 Consulting Agreement. Consulting agreements are used between a company and a consultant and may have big implications on payment and liability exposure. 3 Service Contract. Service contracts are put in place by businesses to govern the terms of services that will be provided. These contracts should be reviewed to make sure the company is getting into a fair and low-risk relationship. 4 Noncompete Agreement. Noncompete agreements are legal documents that limit an employee’s ability to work for a competitor if they leave the employer. Given their potential implications, it is a good idea to get them reviewed. 5 Severance Agreement. Severance agreements are legal documents put in place with employees who are terminated. 6 Asset Purchase Agreements. Asset purchase agreements are used when someone is buying assets, typically from a business. They should be reviewed given they normally have a high transaction size. 7 Real Estate Contracts. Real estate contracts are typically high-value, and it is a good idea to get a lawyer to review them before signing. 8 Investment Contracts. Given investment contracts typically include the exchange of a large amount of money, it is wise to have a lawyer review them to make sure the terms are fair.

What is an employment contract?

Employment Contract. An employment contract is a legal document that governs an employee-employer relationship. Given how important these documents are, they should undergo contract review before signing. Consulting Agreement.

Steven Warren Smollens

Reading a legal document is not akin to reading a book or kindle. Content counts. The denser the material, the more time to get into what some other lawyer decided to bury within a 1000 page document. No one should ever have a double book length product presented as a fait acompli.

Michael Charles Doland

It's not how fast one reads, it's how fast one gets the point, knowing what documents don't need to be read completely or just skimmed, what what documents need to be read twice.

Nelson De La Cruz

Given the number of lawyers, the vast potential variance in their approach to the review of documents, and the total lack of information about the nature of the material being reviewed, renders it impossible to give you an estimate of how many pages your average attorney should review per hour.

What is legal document preparation?

Legal document preparation services are sometimes provided by attorneys, but in some states—including California and Arizona—paralegals and legal document assistants (LDA) provide these services. These professionals help prepare and file paperwork for living trusts and wills, powers of attorney, advanced healthcare directives, divorces, ...

Does a will need probate?

A will requires probate to confirm whether it is valid or not. With a living trust, people can avoid probate court. Lungo of Document Preparation Specialists charges $429 to prepare living trust documents for an individual and $529 for a couple, which includes the living trust, a living will, a pour-over will, and healthcare and financial powers ...

Is a will the same as a living trust?

Will and living trust. Wills and living trusts are not the same thing. A will requires probate to confirm whether it is valid or not. With a living trust, people can avoid probate court. Lungo of Document Preparation Specialists charges $429 to prepare living trust documents for an individual and $529 for a couple, which includes the living trust, ...

1. What is the average rate of legal document review, per reviewer, on an hourly basis?

It all depends on the complexity of the legal document review protocol, really. Reviews with simple protocols and easy “yes” or “no” questions will go very quickly, but if your review project is highly complex, then the review rate will be slower.

6. Why do firms not utilize eDiscovery staff attorneys more?

This is an interesting question. Before BIA, I (Barry) worked at a law firm that managed document review projects with more than 160 contract attorneys on multiple projects. What we found was that having so many contract attorneys on multiple projects kept us from building institutional knowledge for a case or client.

8. If the other party does not specify format can you produce in the format you deem reasonable?

Per the federal rules, the answer is yes. However, what one side deems reasonable isn’t necessarily what the other side will agree upon. It’s good to confirm – more than once – what the specified format will be, just to avoid any back-and-forth in court. It’s not worth the money or time on either side to argue about the format.

9. How do you measure, monitor and track productivity and quality?

This is a good sum-up question. At BIA, we look at each individual reviewer’s rate of review (documents per hour) and then measure speed, accuracy, the difficulty of the review material, amount of errors per set and time spent reviewing.