by Stewart Sutton | Mar 19, 2015 | Legal Malpractice
Most Retainer Agreements (also known as Engagement Agreements) contain a fee shifting provision, which provides that the client will be responsible for any legal fees and costs incurred if the law firm sues the client to collect its fees. Typically, the fee shifting...
by Stewart Sutton | Mar 18, 2015 | Legal Malpractice
When you hire an attorney, it is common that you will pay a retainer. The attorney is obligated to deposit the entire retainer into the law firm’s Attorney Trust Account (also called an IOLTA Account). The attorney may only withdraw fees as they are earned. I...
by Stewart Sutton | Aug 14, 2012 | Legal Malpractice
In personal injury cases, attorneys usually agree to represent the client in exchange for a percentage of the gross recovery. This is known as a contingency fee. Most attorneys charge a 40% flat contingency fee. This means that the attorney will receive 40% of the...