Report

Alternative Fee Arrangements

 
There are various factors that drive the fee arrangement that an attorney may have with a client other than fee based upon a hourly rate. For example, clients that have insufficient cash flow or who do not want to invest in litigation may seek a contingency fee arraignment. Client’s that have budgeting issues may want a “not to exceed” or “flat” fee agreement. Clients periodically offer a participation in a transaction to reduce immediate costs. Attorneys may have their own reasons for a willingness to enter into alternative fee arrangements. For example, some attorney’s may be willing to share the risk of litigation or a transaction to increase revenue, and, will accept a matter on a contingency or participation basis.

Agenda

Faculty

John A. Snow

John A. Snow

Parsons 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
  • Can be contacted at [email protected] or 801-536-6772

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