Question
My client was involved in an auto accident and she hired an attorney to represent her in court. Her medical bills were $5000. According to
My client was involved in an auto accident and she hired an attorney to represent her in court. Her medical bills were $5000. According to the retainer agreement, the client agreed that the attorney's fees would be calculated based on the net recovery after all disbursements were paid. The case was settled for 50k. Disbursements- $2500 for 2 years in litigation. Should the attorney's legal fees be calculated on the net or gross: Which option gives the client more money in their pocket?
What is the benefit of allowing the attorney to calculate his fees on the Gross amount?
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