Explore the legal terms and concepts related to Financial Duties. Click on any term below to learn more about its definition and applications.
How does California rule on fee splitting differ from the ABA?
Like the ABA, California allows a lawyer to fee split with another lawyer as long as the client prov...
How may a contingent fee be calculated?
A contingent fee may be calculated in two ways: (1) on the gross recovery; or (2) after costs are de...
What must a contingent fee offer warn the client of, and how?
A contingent fee offer must warn the client that they must still pay costs even if they lose the cas...
What is a contingency fee?
A contingency fee is a form of payment to a lawyer for their legal services. In contrast to a fixed...
In California, what constitutes "reasonable fees"?
In California, fees must not be "illegal or unconscionable." To determine if fees are unconscionable...
What constitutes "reasonable fees"?
Under the ABA, fees must be reasonable. To determine what is "reasonable," Rule 1.5(a) considers the...
In California, how and when must a lawyer determine fee arrangements with a new client?
In California, unlike the ABA rules (which prefer fee arrangements to be in writing), there must be...
How and when must a lawyer determine fee arrangements with a new client?
When dealing with a new client, or a client the lawyer has not regularly represented, the fee must b...
What is required to fee split with another lawyer not in their firm?
Under Rule 1.5(e), a lawyer may split their fee with another lawyer so long as: (1) the division is...
Under the ABA, which types of cases are prohibited from contingent fee arrangements?
The ABA prohibits contingent fee arrangements in domestic relations matters and in the representatio...
