Do You Offer Contingency Fee Arrangements in your Law Practice? Be Aware: LSUC Considering Regulatory Changes
any lawyers, in particular personal injury lawyers, are paid through contingency fee arrangements (“CFAs”), where the lawyers charge their clients a fee based on a percentage of the damages recovered by their clients (the amount of money the client ‘wins’). It wasn’t until 2004 that the Solicitors Act and the Rules of Professional Conduct were amended to authorize CFAs […]