The firm is approaching a critical level of lead generation where I need another attorney soon. I primarily practice real estate law and I've had tremendous number of requests from repeat clients to handle litigation matters like mechanics lien, evictions, or default on promissory note. I'm not quite ready to hire someone. Need a bigger office space and all that goes with it.

I'm thinking of bringing in an attorney on as "of counsel" to get started. They can work from home and work on individual cases I assign to them. My big question is, for anyone that has hired or worked in this capacity, what is the expected compensation? How does the attorney get paid? Is it on a file by file basis when work is done?