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OnDemand Course

Alternative Fee Arrangements: Ethical Considerations

Learn the different types of alternative fee arrangements that follow the Rules of Professional Conduct.

In today's legal market, clients are seeking methods to compensate their attorneys other than the traditional fee based upon an hourly rate. The Rules of Professional Conduct limit some of the flexibility in agreeing to the fee arrangements requested. There are also practical concerns with some of the potential fee agreements, such as disputes regarding the scope of the engagement and the work covered by the fee. This topic will present various fee arrangements that are used and discuss limitations on those arrangements imposed by the Rules of Professional Conduct. The various risks and benefits associated with each type of arrangement will be covered, as well as required documentation. This information will assist the attorney in proposing or agreeing to alternative fee agreements that the clients are seeking.

90 minutes
Certificate of Completion

Topic Outline

The alternative fee arrangement topic is based on both an in-depth reading of the Rules of Professional Conduct and the practical experiences of the program's authors. Content covers different payment options, including flat fees and hourly rates, as well as non-traditional alternatives such as compensation by participating in the client’s venture, third party payments and fee splitting. Conditions under which it is permissible to use a contingency-based fee structure are also covered.

All topics focus equally on an attorney’s legal responsibilities and on the practical matters that should be considered when proposing an alternative fee arrangement for clients. Issues of disclosure, restrictions and required documentation are covered as well.

Program Delivery Options

Alternative Fee Arrangements for Your Clients is available as an on-demand webinar through Lorman Education Services. You can watch our webinars anytime, from any computer. We also offer instant MP3 download of course materials, or physical delivery of the PDF and MP3 files on a USB flash drive for home study. Choose the option that’s best for you by following the Purchase Options link on this page.

Professional Credits

Successful completion of Alternative Fee Arrangements for Your Clients qualifies the participant to receive continuing legal education credits with many state bar associations. Please see the Credits tab on this page for a state-by-state list.

Your Path to Professional Growth

The alternative fee arrangement topic is just one of the many professional development options available at Lorman Education Services for attorneys and other legal professionals. For over 28 years, we have been offering innovative alternatives to in-classroom learning for both busy professionals and anyone looking to take their career in a new direction. All classes are taught by highly trained instructors at the top of their field. All you need is an Internet-enabled computer — browse our complete selection of legal webinars and topics today.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Application of Rules of Professional Conduct

  • Rule 1.5 - Basis for Determining a Reasonable Fee
  • Rule 1.4 - Communication Regarding the Fee
  • Rule 1.2 - Scope of Engagement

Fees Based Upon an Hourly Rate

Not to Exceed Fees

Flat Fees

  • General Use
  • Nonrefundable Flat Fees

Compensation by Participating in the Client's Venture

  • General Use
  • Documentation and Disclosure

Contingency Fees

  • When Impermissible
  • Required Documentation

Third-Party Payor

  • Typical Arrangements
  • Restrictions and Disclosures

Fee Splitting

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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on June 27, 2019.

Call 1-866-352-9540 for further credit information.

  • CA MCLE 1.5 including Ethics 1.5
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit, of which includes 1.50 hours of ethics credit.
     
  • NM CLE 1.5 including Ethics 1.5
     
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.5 hours of credit, including 1.5 hours of ethics credit.
     
  • OR CLE 1.5 including Ethics 1.5
     
  • Approved for 1.5 CLE credits in Oregon, including 1.50 hours of ethics credit.
     
  • WA CLE 1.5 including Ethics 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit, including 1.50 hours of ethics credit.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

John A. Snow

John A. Snow

Parsons Behle & Latimer

  • Attorney with Parsons Behle & Latimer, Salt Lake City, Utah
  • Practice consists of general civil litigation, including commercial, professional malpractice, construction, and insurance coverage and defense
  • Designated in The Best Lawyers in America as Lawyer of the Year in litigation, real estate, and construction law; and designated in the areas of practice of legal malpractice defense, commercial litigation, and construction
  • Designated in Utah Business magazine’s Utah Legal Elite in the areas of business and civil litigation and construction law, and as a Super Lawyer in the Mountain States in Super Lawyer Magazine
  • Ranked in Chambers USA for Utah in general commercial litigation
  • Chair of the Ethics Advisory Opinion Committee of the Utah State Bar
  • Can be contacted at 801-536-6772 or [email protected]
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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  • OnDemand Courses
  • Live Webinars
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  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 405656
Published 2019
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