Although we are not big fans of the billable hourly at Procido LLP, we know that for some situations, simply billing out whatever time is spent working, is the best pricing model for you. Therefore, each of our lawyers has been assigned a billable hourly rate and can work at that rate for however long you want.
In our experience uncapped, unestimated billable hour engagements are best suited for those situations where: (i) a budget for legal services is already defined; (ii) you require legal services urgently and immediately; (iii) you require dedicated legal services on an uninterrupted basis for a defined period of time. For example, you conclude that a major project is about to fail and you need to avert the failure – you may not need the full Procido Project Recovery (PPR) service to get you to a defined milestone – you just want to avert the imminent disaster looming in front of you. This may be a situation where a Procido lawyer is retained just to avert the failure and simply bills out the time required to do that.