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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]
A contingent fee, or contingency fee, is an attorney fee that is made contingent on the outcome of a case. A typical contingent fee in a tort case is normally one third to forty percent of the recovery, but the attorney does not recover a fee unless money is recovered for the client.
Unbundled legal services, also known as limited scope representation and discrete task representation, is a method of legal representation in which an attorney and client agree to limit the scope of the attorney’s involvement in a lawsuit or other legal action, leaving responsibility for those other aspects of the case to the client in order to save the client money and give them more control.
If the client recovers damages from settlement or a favorable verdict, the attorney receives the fee from the recovery. The attorney's permitted fee varies depending on the country, and even local jurisdictions. For example, in the U.S. a contingency fee is based on the contractual agreement between the attorney and the party. The fee is ...
NEW YORK (Reuters) -A federal judge on Thursday threatened to hold former New York City mayor Rudy Giuliani in civil contempt for failing to surrender his luxury apartment and other belongings to ...
A House Ethics Committee report found "substantive evidence" on accusation that former Rep. Matt Gaetz paid tens of thousands of dollars to a dozen women for sex or drugs; used or possessed ...
This is justified on policy grounds. If lawyers were unable to disclose such information, many would undertake legal work only where payment is made in advance. This would arguably adversely affect the public's access to justice. Lawyers may also breach the duty where they are defending themselves against disciplinary or legal proceedings.
3. Traditional Wassail. Forget boring cider — wassail is the OG festive drink dating back to medieval England. Part of a tradition called “wassailing,” it was made to toast good health and ...