Asked by
Kitti-Talei Drodrolagi
on Nov 11, 2024
Verified
Typically, lawyers bill their fees on the basis of which of the following?
A) A fixed fee, an hourly rate, or a contingency fee
B) A fixed fee, a pro rata distribution, or a contingency fee
C) A stipend, a pro rate distribution, or an hourly rate
D) A stipend, an hourly rate, or a contingency fee
E) A fixed fee, a stipend, or a pro rata distribution
Fixed Fee
A predetermined fee paid to a lawyer for completing a specific task.
Hourly Rate
A method of compensation based on the number of hours worked, typically used for freelance or temporary jobs.
Contingency Fee
A fee paid to a lawyer that is based on a percentage of the sum recovered by the client.
- Understand the different bases on which lawyers may bill their fees.
Verified Answer
CC
Learning Objectives
- Understand the different bases on which lawyers may bill their fees.