I represent a client in an interesting type of case. Because of this case and because of the client, I am getting other clients in the same legal area. The client asked if I would reduce my contingent fee to him because he was producing more business for me. Can I do so?
Samuel C. Stretton.
The answer to this question is straightforward, but there are some legal minefields along the way. Generally, a lawyer can always reduce their fee with a client. For instance, if a lawyer on a criminal case realizes the client has very little money and feels sorry for the client, the lawyer can reduce their fee if they choose to do so. The lawyer can waive a fee if the lawyer wants to represent someone without charge after initially saying there will be a fee payment. All of this is within the power of the lawyer. Sometimes, it is not a wise decision to waive a fee. One thing this writer has learned is if the lawyer is going to represent someone, the best practice is either their regular fee, or no fee. The worst practice is some greatly reduced fee because then the client feels they are paying you, but doesn’t always appreciate the gift you are giving them by reducing the fee. This almost always results in tension during the representation.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
