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.
Agenda
Application of Rules of Professional Conduct- Rule 1.5 - Basis for Determining a Reasonable Fee
- Rule 1.4 - Communication Regarding the Fee
- Rule 1.2 - Scope of Engagement
Not to Exceed Fees
Flat Fees
- General Use
- Nonrefundable Flat Fees
- General Use
- Documentation and Disclosure
- When Impermissible
- Required Documentation
- Typical Arrangements
- Restrictions and Disclosures
Speaker(s)
John A. SnowParsons Behle & Latimer
- Attorney with Parsons Behle & Latimer, Salt Lake City, Utah
- Practice consists of general civil litigation, including commercial, professional malpractice, construction, and insurance coverage and defense
- Designated in The Best Lawyers in America as Lawyer of the Year in litigation, real estate, and construction law; and designated in the areas of practice of legal malpractice defense, commercial litigation, and construction
- Designated in Utah Business magazine’s Utah Legal Elite in the areas of business and civil litigation and construction law and as a Super Lawyer in the Mountain States in Super Lawyer Magazine
- Former Chair of the Ethics Advisory Opinion Committee of the Utah State Bar
