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  2. Engagement letter - Wikipedia

    en.wikipedia.org/wiki/Engagement_letter

    An engagement letter defines the legal relationship (or engagement) between a professional firm (e.g., law, investment banking, consulting, advisory or accountancy firm) and its client(s). This letter states the terms and conditions of the engagement, principally addressing the scope of the engagement and the terms of compensation for the firm.

  3. Contingent fee - Wikipedia

    en.wikipedia.org/wiki/Contingent_fee

    In the English legal system, a contingent fee is generally referred to as a conditional fee agreement (CFA) or, informally by the public and press, as "no win no fee". The usual form of this agreement is that the solicitor will take a law case on the understanding that if lost, no payment is made.

  4. Retainer agreement - Wikipedia

    en.wikipedia.org/wiki/Retainer_agreement

    It is common for a person seeking the services of a lawyer (attorney) to pay a retainer ("retainer fee") to the lawyer, to see a case through to its conclusion. [2] A retainer can be a single advance payment or a recurring (e.g. monthly) payment. Absent an agreement to the contrary, a retainer fee is refundable if the work is not performed. [3]

  5. Attorney's fee - Wikipedia

    en.wikipedia.org/wiki/Attorney's_fee

    Attorney's fees (or attorneys' fees, depending upon number of attorneys involved, or simplified to attorney fees) are the fees, including labor charges and costs, charged by lawyers or their firms for legal services provided by them to their clients. They do not include incidental and non-legal costs (e.g., expedited shipping costs for legal ...

  6. English rule (attorney's fees) - Wikipedia

    en.wikipedia.org/wiki/English_rule_(attorney's_fees)

    In the United States the "American rule" is generally followed, each party bearing its own expense of litigation. However, 35 U.S.C. § 285 provides that in patent cases, the losing party may have to pay attorney fees of the winning party if the case is deemed "exceptional."

  7. Read the full letter of intent Elon Musk’s lawyer sent to ...

    www.aol.com/finance/read-full-letter-intent-elon...

    Elon Musk and a group of investors made a $97.4 billion offer for the AI startup this week.

  8. Letter of intent - Wikipedia

    en.wikipedia.org/wiki/Letter_of_intent

    A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .

  9. Court costs - Wikipedia

    en.wikipedia.org/wiki/Court_costs

    The loser pays principle does not apply under the United States legal system unless there is a specific statute awarding fees to the prevailing party. [2] Alternatively, the contract between the parties may provide that the prevailing party is entitled to recover attorney's fees from the losing party.

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