In his Complex Litigation column, Michael Hoenig writes: What starts out as a seemingly simple general rule—no contingency fees for experts—actually masks some subtleties and questions that warrant ...
The court's decision in A.W. v Mount Holly Bd. Of Ed. is an important reaffirmation that the bargaining power between lawyer and client is often uneven, and as a consequence the fee charged is always ...
A contingency fee or contingent fee is common in personal injury lawsuits, because those cases usually involve a monetary value. There is a settlement or a judgment that can be anticipated, and the ...
(Reuters) - Who says contingency fees are only for plaintiffs' firms? Glasscock said Cravath’s $47 million lodestar was not unreasonable, given that Williams’ evidentiary burden was much heavier than ...
The Rules of Professional Conduct — the ethical rules governing the legal profession — define a contingent fee as “a fee for legal services under which compensation is to be contingent in whole or in ...
In today’s litigious society, many class action lawsuits have contingent attorney fee arrangements. Although the reasons for the lawsuits differ—age discrimination, wrongful termination and the ...
Taxpayers often hire an attorney on a contingent fee basis. If the recovery is taxable, the attorney fee is deductible. Because of the interaction between regular tax and alternative minimum tax rules ...
The move by the Internal Revenue Service to further limit contingent fees for Circular 230 tax practitioners has drawn opposition from virtually every group of tax professionals.Representatives from ...
When a person is injured and considering hiring an injury attorney, they often question whether they can afford legal representation and ask, "Do I need to pay an attorney up front?" In cases of ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Business expenses have to be ordinary and necessary to be tax ...