Wednesday, June 19, 2013

One-Third Of Awarded Fees Covered By Contingent Fee Agreement

The Utah Supreme Court has ruled in favor of an attorney in a fee dispute with a client.

The attorney represented the client pursuant to a 1/3 contingency fee argeement for "all monies paid" in the case.

The representation spanned 13 years and resulted in a judgment in excess of $6 million. The client had retained another law firm to recover the attorneys fees.

The issue was whether the agreement allowed payment of the stated percentage of the award of attorneys fees as well as the judgment.

The court held that the ageement was "unambiguous" and complaint with the Rules of Professional Conduct. Thus, the attorney was entitled to his 1/3 cut of the attorneys fees. (Mike Frisch)

http://lawprofessors.typepad.com/legal_profession/2013/06/one-third-of-awarded-fees-covered-by-contingent-fee-agreement.html

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