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Table of Contents for legal fees book
Sun, 2015-02-15 20:45 — Admin1
- Retainer amount / agreement
- Incentives under hourly rate fee structure
- Billing all time spent, and the dreaded 0.1
- Obligation on the lawyer to keep the client informed of costs
- Considerations for defendants paying hourly fees
- Considerations for plaintiffs paying hourly fees
- Plaintiff lawyer’s incentive to settle cases
- Judicial acknowledgement of moral hazard under contingency fee agreements
- Social utility of contingency fee agreements (no recovery no fee)
- Risk of contingency fee agreements (no recovery no fee) justify higher lawyer fees
- Conclusion regarding contingency fee (no recovery no fee) agreements
- Bonus billing by lawyer must be expressly agreed to by client
- Model wording for hybrid fee agreement between lawyer and plaintiff
- Conclusion and summary of benefits of hybrid fee agreements between lawyer and client
