Description
Learn the different types of alternative fee arrangements that follow the Rules of Professional Conduct.In today’s legal market, clients are seeking methods to compensate their attorneys other than the traditional fee based on an hourly rate. The Rules of Professional Conduct limit some of the flexibility in agreeing to the fee arrangements requested, but there are also practical concerns with some of the potential fee agreements, such as disputes regarding the scope of the engagement and the work covered by the fee. This topic will present various fee arrangements that are used and discuss limitations on those arrangements imposed by the Rules of Professional Conduct. The various risks and benefits associated with each type of arrangement will be covered, as well as required documentation. This information will assist the attorney in proposing or agreeing to alternative fee agreements that the clients are seeking.
Date: 2022-10-13 Start Time: End Time:
Learning Objectives