One of the significant advantages to working with a boutique firm like The Moulton Law Group is the flexible fee arrangements that we can make available to clients. We are strongly committed to providing our clients with professional work, in a responsive manner, at a fair rate. For this reason, we adhere to a “value-added” approach to billing, a philosophy which manifests itself in numerous ways.
We do not bill for initial client discussions or consults. If you have questions about a prospective project, or if you would like to meet to discuss a prospective project, we will not bill you until work on the project actually commences and a fee arrangement (flat or hourly) has been reached.
We often propose flat fee structures for specific projects. With our flat fee arrangements, we will quote you a fixed price for an agreed-upon scope of work. You will know up front exactly what your legal fees will be for a given project, and you will therefore be able to budget accordingly. While some law firms may give you a project “estimate,” and ultimately bill significantly more, our flat fees are generally a firm commitment within the agreed upon scope of work.
Sometimes hourly billing is appropriate for projects that may have an indefinite scope of work, or for small ad hoc issues that arise periodically. Our smaller size and lower overhead allow us keep our hourly rates reasonable and affordable relative to other firms, both locally and beyond. Effective March 1, 2017, our hourly rates are: Eli Moulton $300; Liz Metayer $235; Tim Prevo $200; and Caitlin Stanton $175. We are committed to keeping our hourly rates at affordable levels.
We are also flexible with our payment terms. As many of our clients are start-ups looking to raise capital, we know that you may not be able to pay a significant up-front retainer. For this reason, we commonly work with our clients to develop fee payment schedules that accommodate their cash flow; for example, in the case of debt and equity offerings, this may involve a partial payment up-front, with additional payments scheduled when a client successfully raises capital from the offering. We also may, when appropriate take equity in businesses in exchange for special fee arrangements or unbilled advisory/general counsel services.
Vermont Formations* (Includes filing fees)
Delaware Formations* (Excludes filing fees)
*Includes preparation and filing of formation documents and obtainment of EIN. In the case of Corporations, also includes preparation of Bylaws, Organizational Consent, and Stock Certificates, (if applicable). In the case of Limited Liability Companies, includes preparation of basic single-member Operating Agreement. Fees may be higher for more complex formations. Unless we indicate otherwise, all flat fees listed here are exclusive of out-of-pocket expenses (i.e. additional out-of-pocket expenses will be invoiced to you).
Vermont Registered Agent Service* (Excludes filing fees)
*The Registered Agent Service is our service as registered agent for service of process made upon your company, and our commitment to handling your company’s annual filings with the Vermont Secretary of State.
Foreign Qualifications (Excludes filing fees)
- Entity Formation Work (see above)
- Multi-founder Shareholders’ Agreement/Operating Agreement
- Equity Incentive Plan
- Customary contract templates (e.g. Non-Disclosure Agreement, Consulting Agreement, Assignment of Inventions, Restricted Stock Agreement, etc).
NOTE: In addition, you are required to pay actual filing fees that are required to be paid to the USPTO. For applications to register, the filing fee is generally $275 per class. The Statement of Use filing fee is generally $100 per class and an Extension of Time is $150. If your registration receives an “office action” from the USPTO, we will bill you on an hourly basis to respond and such fees are excluded from the foregoing.