How does JME bill its clients?
We try to avoid surprising our clients with invoices. JME has billed clients using several methods. If JME’s services are required for an indefinite period, with the outcome not fully under the control of JME and the client, JME bills an hourly rate. JME also offers a retainer for a maximum number of hours per month, with the client’s approval required for work in excess of the retainer. For example, regulatory strategy services are usually billed hourly or on retainer. If JME and the client can agree on a package of services to be delivered by an agreed time, all of which is under the control of JME and the client, then JME can quote a fixed fee. For example, JME might quote a fixed fee for a market expansion strategy report to be written and presented by a certain date, and to include agreed contents. For acquisition and settlement negotiations, in limited situations, JME has worked for a base fee plus an agreed percentage of the value to the client if the deal succeeds. JME bills al
