Jan. 14, 2009
A Taxing Process
The tax issues lawyers face over costs in a contingent fee case are surprisingly complex, writes Robert W. Wood. - Focus Column
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
FOCUS COLUMN
By Robert W. Wood Contingent fee lawyers often customize their arrangements with clients. Even so, the one-third contingency fee agreement, under which the client pays nothing (not even costs) until there is a recovery, is nearly an industry standard. Indeed, over the past couple of decades, it has become customary for plaintiffs' lawyers to advance all costs and disbursements pursuing a client's case. The client receives the assurance ...For only $95 a month (the price of 2 article purchases)
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