Common use of Costs and Expenses (Par Clause in Contracts

Costs and Expenses (Par. This is not an inclusive list. The attorney may include more or less. The attorney should disclose the rate or charge for any items not passed through strictly at cost; if not done, the attorney may violate the statute’s requirement that standard rates, fees and charges be disclosed. A Rate Schedule should be included for charges that are not usually passed through strictly at cost. All such charges should be enumerated to comply with the statute’s requirement that attorneys disclose their standard rates, fees and charges. The attorney should specifically address how air travel other than economy, hotel accommodations and meals will be charged. The sample paragraph allows the attorney to incur costs and retain consultants, etc., without client consent. Optional clauses, to be initialed by the client, would require client approval before costs in excess of a specific dollar amount or of a certain nature, (e.g., experts) were incurred. Language is included notifying the client that in certain cases, it may be the client’s responsibility to pay other parties' costs.

Costs and Expenses (Par. This is not an inclusive list. The attorney may include more or less. The attorney should disclose the rate or charge for any items not passed through strictly at cost; if not done, the attorney may violate the statute’s requirement that standard rates, fees and charges be disclosed. A Rate Schedule should be included for charges that are not usually passed through strictly at cost. All such charges should be enumerated to comply with the statute’s requirement that attorneys disclose their standard rates, fees and charges. The attorney should specifically address how air travel other than economy, hotel accommodations accommoda­tions and meals will be charged. The sample paragraph allows the attorney to incur costs and retain consultants, etc., without client consent. Optional clauses, to be initialed by the client, would require client approval before costs in excess of a specific dollar amount or of a certain nature, (e.g., experts) were incurred. Language is included notifying the client that in certain cases, it may be the client’s responsibility to pay other parties' costs.