Agmt02 McDonough, Holland - Laserfiche WebLink

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2. Time of Performance. The services of Special Counsel shall be undertaken and completed in such sequence as to assure their expeditious completion in light of the purposes of this Agreement. 3. Compensation, Reimbursement and Methods of Payment. a. Compensation. (1) Fee Basis. Fees shall be charged on an hourly basis for all legal services rendered. Time is charged in minimum units of 0.1 hours. (2) Amount of Fees. The hourly rate for services performed shall be the general client rates established by Special Counsel from time to time for its services. At the present time, these rates are $200-$260 per hour for principal attorneys, $100-$180 per hour for associate attorneys and $80-$125 per hour for legal assistants. The current rate for Ms. Yang is $205 per hour. Special Counsel shall notify the executive officer of the Agency and City of any change in rates. b. Reimbursement of Expenses. In addition to the compensation provided above, the Agency or City, whichever is applicable, will reimburse Special Counsel for the following expenses: (1) Necessary travel and subsistence expenses, in connection with the performance of Special Counsel's services pursuant to this Agreement; (2) Such printing and copying expenses, long distance telephone calls, telegrams and similar costs relating to legal services and generally chargeable to a client; provided, however, such expenses shall not include normal office operating expenses. In lieu of itemizing such chargeable expenses, Special Counsel's firm will add an administrative charge of 4 percent to monthly billings; and (3) Extraordinary expenses, such as express mail, courier services, major photocopying, conference calls, etc. c. Methods of Payment. (1) Monthly Statements. As a condition precedent to any payment to Special Counsel under this Agreement, Special Counsel shall submit monthly to the Agency (for Agency matters) and to the City (for City matters) separate statements of account which clearly sets forth by dates the designated items of work for which the billings are submitted. (2) Timing of Payment. The Agency and City shall review Special Counsel's monthly statements to each and pay Special Counsel for services rendered and costs incurred hereunder, at the rates and in the amounts provided RDW/AgrntLegSvcsAgency 2 1/31/02