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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. 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."

  4. 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 ...

  5. 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.

  6. 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]

  7. Laffey Matrix - Wikipedia

    en.wikipedia.org/wiki/Laffey_Matrix

    For many years, the United States Attorney's Office used the Laffey Matrix ("USAO Laffey Matrix") as a basis for hourly rates for attorneys' fees in litigation claims. This matrix used the original Laffey Matrix from 1982 and adjusted it annually using changes in the Bureau of Labor Statistics Consumer Price Index for all Urban Consumers for the Washington-Baltimore area.

  8. Law firm - Wikipedia

    en.wikipedia.org/wiki/Law_firm

    Some prominent law firms, like Goodwin Procter and Paul Hastings, give generous signing bonuses (e.g., $20,000) [42] [43] to incoming first-year associates who hold JD/MBA degrees. Another way law firm associates increase their earnings or improve their employment conditions is through a lateral move to another law firm.

  9. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong. Although demand letters are not legally required they ...

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