A significant number of professionals in various occupations reveal specific charges for their services. The amount may be an hourly rate, such as for a small architectural project or a simple will. The amount may be a flat fee for the service, such as a surgical procedure. The amount may also be a percentage of a financial result from the professional service, such as the underwriting and sale of a new security.
Usually such disclosure is partial in that only revenue to the professional is shown. Expenses associated with the professional's specific activities for the client are not disclosed.
For example, a plaintiff's attorney typically only reveals the contingent commission they will take from the judgment or settlement, with an indication that the commission is based on the gross settlement. Expenses of the legal action usually come out of the portion of the judgment or settlement that goes to the client.
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