AForms Demo 5 — Legal Fee

Calculation of estimated legal fees. We calculate the retainer fee and reward based on the expected economic benefit.

This is a calculation of legal fees realized by the “Calculate Unit Price” function that will be available in v2.1.
The following calculations are performed.

Economic benefits Retainer FeeReward
? <= 30k USD4k USD16% of Economic benefits
30k USD < ? <= 300k USD5% of Economic benefits + 2.5k USD10% of Economic benefits + 1.8k USD
300K USD < ?3% of Economic benefits + 8.5k USD6% of Economic benefits + 13.8k USD

Note: You can remove the detail line ” * Economic benefits ” if you want. It is included because it is better to know the amount the customer has entered.

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