How We Practice

 

Pricing Model

Flatiron model gives client maximum pricing flexibility

 

 

 

 

 

 

Fixed $ fee: Per deal or
bucket of deals
  • Retainer + progress payments required
  • “Broken Deal” discount

Success fee: Based upon % of “aggregate consideration”

  • 1-5% depending upon deal size, with minimum fee threshold
  • No retainer, no progress payment, no fee for “broken deals”
  • Flatiron assumes risk a failure to close
Hourly rate

Efficiency platform allows Flatiron to offer most competitive rates

Alternative fee arrangements (fixed $ and fixed %) are:
  • Based upon assumptions derived from comprehensive client Q&A
  • Departure from assumptions allows Flatiron to revisit fee
  • Subject to exclusions for certain types of “non-core” legal work