Sunday, January 27, 2008

What do you call it when a lawyer gets paid after the court case? -

Its not pro bono thats where its done free. I wanted the word that means paid after the case is done. or after a will or trust is done.

feeding time.

If you are asking what the word is for hiring an attorney based on an quot;They only get paid if you get paidquot; it is called Contingency!

contingency

a retainer. Fee Arrangements In addition to straight-time fees, other arrangements include contingent fees, negotiated percentages, flat fees, hourly charges, costs and expenses, fees set by a judge, or retainers. With a contingent fee arrangement, the lawyer receives no fee unless money is recovered for the client. Upon recovery, the lawyer is paid an agreed-upon percentage, usually ranging from an amount equal to 25 to 50 percent of the amount recovered. A written fee agreement should specify the costs and expenses to be deducted and whether such costs and expenses are to be deducted before or after the contingent fee is calculated. In Washington, a contingent fee arrangement is not permitted for criminal cases nor for domestic relations matters. Even if there is no recovery, however, the client is still responsible for court costs (filing fees, subpoena fees, etc.) and related expenses, such as telephone toll charges, investigators fees, medical reports, and other costs. Negotiated percentages are sometimes used when collecting debts. The fee is based on a percentage of the amount claimed or collected. Flat fees are common for routine services, such as drafting an uncomplicated will or assisting with a simple real estate transaction. Hourly charges are based on the time spent in handling a matter. Rates vary depending on a lawyer s experience or the demand for a particular service. Most costs and expenses are charged at periodic intervals, regardless of the fee arrangement. Filing fees, expert testimony, fees for serving legal summons, and other costs that are advanced by the attorney on behalf of the client are billed separately. Expenses such as long-distance telephone charges, photocopies, etc., are also billed. In some cases, a judge or hearing officer may establish a fee, considering the work and complexities involved in a particular situation. Lawyers fees for probate services are often subject to court approval.

the amounts most lawyers like that get paid, THEFT

Contingent

A contingent fee.

Pay Day!!! kidding......yes it s called what they said!

If the lawyer is paid a percentage of the money collected then they are a quot;contingency lawyer.quot; I think some Probate lawyers may be paid a fixed percentage, too. I am not an attorney. Only a licensed attorney can give legal advise.

Many lawyers are paid a quot;retainerquot; fee, in essence they are paid , before, during, and after a case; a contingent fee.

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