Attorney's Fees Flashcards

1
Q

Types of possible fee arrangements

A
  • billable
  • flat fee
  • contingency
  • pro bono
  • retainer
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2
Q

Contingency Fee Arrangement

A
  • cannot be unconscionable
  • must provide copy of K
  • signed by both parties
  • be in writing (rate, orders of operations, any extra costs, not set by law, etc.)
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3
Q

M.R. 1.5 - Generally

A

Reasonableness of a fee

Factors; time/labor required, customary fee amount, results obtained, time limit constraints, etc.

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4
Q

M.R. 1.5(e) - Fee Splitting

A

Fee splitting - generally not allowed to split between attorneys at different firms unless;

  1. division is in proportion to services OR each lawyer assumes joint responsibility
  2. consent in writing from client
  3. total fee is reasonable

Counterpart - Cal 2-200(a)

  • same as M.R. 1.5(e) #’s 2 and 3
    2. consent in writing from client
    3. total fee is reasonable
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5
Q

Costs and Expenses - Attorney usually pays upfront…

A
  • Taxable Costs (generally granted to prevailing party)

- Expenses (more significant than taxable, courts will not shift)

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6
Q

M.R. 1.8(e) - Financial Assistance

A

cannot provide financial assistance unless;

  1. may advance court costs and expenses of litigation
  2. may pay court costs and expenses on behalf of an indigent client

Counterpart - Cal 4-210
- same as M.R. 1.8(e) + can advance costs to protect client’s interests

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7
Q

M.R. 1.15 - Handling Client’s Money

A
  • prevent commingling
  • requires attorneys put client money in trust account (withdraw only fees and expenses and notify client)

Counterpart - Cal 4-100
- same as M.R. 1.15

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8
Q

MICRA - Fee limiting statute

A
  • no contingency fees allowed in medical malpractice

- % caps based on recovery

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