Current Trends in Attorneys Fees: Flat Fees, Subscriptions, and Fiduciary Duty
This presentation offers a comprehensive overview of the purposes and goals of attorney fee agreements, delving into various billing models, including flat fees, hourly billing, contingent fees, and referrals, while also examining modern trends in legal billing, such as subscription models, flexible payment options, and the impact of social media. The presentation emphasizes the critical importance of lawyers' fiduciary duty in ensuring fair and reasonable fees.