Common use of Fixed Fees or “Lump Sum Clause in Contracts

Fixed Fees or “Lump Sum. This form of compensation represents a potential conflict of interest because if the transaction requires more work than originally contemplated, Municipal Advisor may suffer a loss. Thus, Municipal Advisor may recommend less time-consuming alternatives or fail to do a full analysis of alternatives.

Fixed Fees or “Lump Sum. This form of compensation represents a potential conflict of interest because if the transaction requires more work than originally contemplated, Municipal Advisor may suffer a loss. Thus, Municipal Advisor may recommend less time-time- consuming alternatives or fail to do a full analysis of alternatives.