Fee Estimate Generator

When a prospective or existing client asks 'How much will this cost?' — generate a structured estimate before the engagement call.

Generate a fee estimate for the following matter.

Matter type: [e.g., breach of contract litigation, commercial lease negotiation, trademark registration]
Scope: [DESCRIBE THE WORK TO BE PERFORMED]
Complexity: [SIMPLE / MODERATE / COMPLEX]
Jurisdiction: [STATE/FEDERAL]
Fee structure: [HOURLY / FLAT FEE / HYBRID]
Hourly rates: [IF APPLICABLE — list rates by timekeeper]
Known complications: [ANY FACTORS THAT INCREASE SCOPE]

Generate:
1. **Task breakdown** — list each phase of work (e.g., initial review, drafting, negotiation, filing)
2. **Estimated hours** per task (provide a range: low-high)
3. **Estimated cost** per task at the stated rates
4. **Total estimate** (range: low-high)
5. **Assumptions** — what this estimate includes and excludes
6. **Variables** — factors that could increase or decrease the estimate
7. **Payment schedule** — suggested milestones for billing

Format as a table the client can understand.

Example Output

A fee estimate table with task phases, hour ranges, cost ranges, and a clear total. Assumptions and variables listed separately.

Tips

• •Always present a range, not a single number — it protects you if scope changes.
• •Include a line item for 'unforeseen issues' at 10-15% of the total — clients appreciate the honesty.
• •Use this output as the basis for the fee section of your engagement letter.

Related Prompts