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    News and Articles on Contingent Fee



    Company charged with fraud in Afghan war contracts  Oct 6, 2008
    Secondary Navigation. Fri Oct 3, 2:22 PM ET. (Yahoo News -- Politics)

    European markets steady as investors eye US rescue plan  Sep 22, 2008
    Secondary Navigation. 1 hour, 50 minutes ago. (Yahoo News -- Top Stories)

    Important Notice to All Individuals and Institutions Who Invested in Morgan Keegan and Regions Financial Corp.'s Closed-End Bond Mutual Funds From the Securities Law Firm of Klayman & Toskes  Sep 20, 2008
    Important Notice to All Individuals and Institutions Who Invested in Morgan Keegan and Regions Financial Corp.'s Closed-End Bond Mutual Funds From the Securities Law Firm of Klayman & Toskes: Financial News - Yahoo. Source: Klayman & Toskes P.A.. (Primezone Releases)

    The Law Firm of James A. Dunlap Jr. & Associates LLC Files Arbitration Claims Against Morgan Keegan for Losses Sustained in Morgan Keegan Bond Funds -- MKHIX, MKIBX, RHY  Sep 19, 2008
    The Law Firm of James A. Dunlap Jr. & Associates LLC Files Arbitration Claims Against Morgan Keegan for Losses Sustained in Morgan Keegan Bond Funds -- MKHIX, MKIBX, RHY: Financial News - Yahoo. Source: James A. Dunlap Jr. & Associates LLC. (Primezone Releases)

    The Securities Law Firm of Klayman & Toskes Files Another Arbitration Claim Against Charles Schwab for Losses Sustained in YieldPlus Funds  Sep 13, 2008
    The Securities Law Firm of Klayman & Toskes Files Another Arbitration Claim Against Charles Schwab for Losses Sustained in YieldPlus Funds: Financial News - Yahoo. Source: Klayman & Toskes P.A.. (Primezone Releases)

    The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against Morgan Keegan and Regions Financial Corp. for Losses Sustained in Select Intermediate Bond Fund -- MKIBX, RIBCX, RIBIX  Aug 16, 2008
    The Securities Law Firm of Klayman & Toskes Files Arbitration Claim Against Morgan Keegan and Regions Financial Corp. for Losses Sustained in Select Intermediate Bond Fund -- MKIBX, RIBCX, RIBIX: Financial News - Yahoo. Source: Klayman & Toskes P.A.. (Primezone Releases)

    The Law Firm of Klayman & Toskes Files Securities Arbitration Claim Against Charles Schwab Seeking Damages as a Result of Investing in YieldPlus Funds -- SCHW  Aug 9, 2008
    The Law Firm of Klayman & Toskes Files Securities Arbitration Claim Against Charles Schwab Seeking Damages as a Result of Investing in YieldPlus Funds -- SCHW: Financial News - Yahoo. Source: Klayman & Toskes P.A.. (Primezone Releases)

    Pa. High Court to Hear Appeal in High-Profile Kia Class Action  Jul 16, 2008
    375 multiplier reflecting the higher risks from a contingent fee case than hourly fee cases, The Legal Intelligencer previously reported. The plaintiffs argued in court papers that under U.S. and Pennsylvania Supreme Court precedent attorney fees are not disposed of by a judgment, and that under Pennsylvania Rule of Civil Procedure 1716 a lodestar base fee is allowed to account for the risks of contingency fees. (Law.com)

    Suit Against Firm Over Howard Hughes' Cash Set for Trial  Jul 13, 2008
    In its May 21 second amended petition in Cook v. Andrews Kurth, the Cook estate alleges Andrews Kurth cut the Cook estate out of a portion of a contingent fee worth $15 million stemming from the firm's representation of several maternal heirs of Hughes' estate ... Under the agreement, Andrews Kurth was entitled to one-third of the total value of the community interest -- "nominally titled 'Contingent Fee Agreement.'" ... The Cook estate alleges in the petition that the "contingent fee agreement"... (Law.com)

    Kuwait sovereign wealth fund pumps billions into American financial institutions...  Jun 25, 2008
    Kuwait says its Jan. investment in Citi was $3B: Financial News - Yahoo. AP Kuwait says its Jan. investment in Citi was $3BTuesday June 24, 10:39 am ET. (The Drudge Report)

    UTi Worldwide to Present at the Merrill Lynch 2008 Global Transportation Conference  Jun 12, 2008
    Source: UTi Worldwide. June 12, 2008 (PRIME NEWSWIRE) -- UTi Worldwide Inc. (NasdaqGS: - ) today announced that the company's management will present at the 2008 Merrill Lynch Global Transportation Conference on Thursday, June 19, 2008 at 2:20 p.m. EDT. The conference will take place at Merrill Lynch's headquarters in New York City. (Primezone Releases)

    Virgin Media Announces Participation At the Merrill Lynch Telecommunications, Media and Technology Conference  May 28, 2008
    Source: Virgin Media Inc.. LONDON, May 28, 2008 (PRIME NEWSWIRE) -- Virgin Media (NasdaqGS: - ) today announces that Neil Berkett, CEO, will be presenting at the Merrill Lynch Telecommunications, Media and Technology Conference in London on Wednesday, June 4, 2008, at 9:15 a.m. UK time, 4:15 a.m. ET.. (Primezone Releases)

    Reed Smith Takes Chance on Contingent Fee Case -- and It Pays Off  Apr 8, 2008
    The firm doesn't usually find itself representing individuals on the plaintiff's side of the table and many firms avoid handling contingent fee cases ... It is known for taking on large-scale contingent fee cases, most recently helping its client American Express Co. secure a $2 ... 25 billion settlement with Visa Inc. in a case that was a mix of contingent fees and retainers. (Law.com)

    Law students seek to change workaholic culture  Mar 23, 2008
    -based Dreier Stein Kahan Browne Woods George might bill by the hour or charge a capped rate, a contingent fee or a combination of these rates. "I don't want to make money off young kids who are working every night and weekend and have no social life, no community life," partner Stanton Larry Stein said. (The St. Augustine Record)

    9th Circuit Settles Fee Fight Between Two Firms  Mar 8, 2008
    The O'Quinn firm contracted to receive a 40 percent contingent fee plus costs and expenses. Ultimately, Motorola agreed to pay $26. (Law.com)

    $4.1 Million Fees Award Upheld in Kia Class Action  Feb 9, 2008
    375 multiplier reflecting the higher risks from a contingent fee case than hourly fee cases, The Legal Intelligencer previously reported. The appellate court upheld the merits of the case last fall: a $5. (Law.com)

    Tommy Jacks moves over to Fish & Richardson  Jan 16, 2008
    "I have spent my career managing the types of contingent fee cases that are being requested more and more by corporate clients, and I look forward to both expanding Fish's business litigation practice as well as helping further develop Fish's established contingency-litigation program.". Fish & Richardson is one of the largest law firms in the U.S. practicing exclusively in the areas of intellectual property, litigation and corporate law. (Austin Business Journal, TX)

    Lawyer's Bid to Keep 'Gift' Above Legal Fees Rejected  Dec 27, 2007
    The panel's 4-1 majority denied Ms. Lawrence's motion to dismiss Graubard Miller's petition to compel payment of the contingent fee and said further proceedings would be needed to determine the propriety of the arrangement. . (Law.com)

    Late 40 Percent Retainer Pact Survives Widow's Dismissal Bid  Nov 29, 2007
    In Lawrence v. Graubard Miller et al., a 4-1 majority of the New York Appellate Division, 1st Department denied Ms. Lawrence's motion to dismiss Graubard Miller's petition to compel payment of the contingent fee and said further proceedings would be needed to determine the propriety of the arrangement ... Though contingent fees of such magnitude are not uncommon in personal injury cases, they are rarer in estate cases ... In his dissent, Justice Catterson said the contingent fee might have been... (Law.com)

    Windows XP Coming to OLPC Laptops  Oct 31, 2007
    Secondary Navigation. Barry Levine, Tue Oct 30, 12:09 PM ET. (Yahoo News -- Technology)

    Stern eyes Anna's estate  Oct 24, 2007
    Stern filed his creditor's claim October 18 in Los Angeles Superior Court, citing a contingent fee agreement on file in bankruptcy court. Smith, who died in February in Florida, was the widow of Texas oil tycoon J Howard Marshall II.. (Sydney Morning Herald -- Entertainment)

    Smith's former lawyer files for 6% of her estate  Oct 23, 2007
    Stern, also executor of Smith's will, filed his creditor's claim Oct. 18 in Los Angeles Superior Court, citing a contingent fee agreement on file in bankruptcy court. In the court filing, Stern specifies that his 6 percent payment "is conditioned upon recovery in the Marshall litigation.". (Xinhuanet, China)

    Sonnenschein Sued for Millions by Former Partner  Sep 6, 2007
    Last year, the U.S. District Court for the Eastern District of New York ruled in Sonnenschein's favor in a contingent fee dispute between Sonnenschein and Constantine over one of Rosenthal's fees from the Libya case. When Rosenthal joined Constantine, he brought along clients including Rose Copeland, who lost her daughter, son in-law, and two grandchildren in the bombing. (Law.com)

    Roy Jacobs & Associates Announces the Filing of Class Action Securities Fraud Suit On Behalf of Tween Brands, Inc. Investors -- TWB  Aug 25, 2007
    This case will be prosecuted on a contingent fee basis. All motions for appointment as Lead Plaintiff must be filed with the Court by October 23, 2007. (Primezone Releases)

    Fired Firm Alleges Client, Co-Counsel Sabotaged Fee  Aug 18, 2007
    "Every ethical lawyer knows that the case belongs to the client and one of the risks of a contingency fee case is that the client might settle for less than what the lawyer wants, and that is apparently what [Nowak h is] claiming here. "Suing the client and co-counsel because your contingency fee is not big enough sounds like a lawyer joke, but unfortunately in this case it is real," Sifford adds. "This is not a case where the client fired the lawyer to prevent paying a contingent fee ... And... (Law.com)

    2nd Circuit Rebukes Arbitration Panel for Limiting Fee Award  Aug 9, 2007
    But Dresdner Kleinwort filed an application urging that the fee award be capped by the one-third contingent fee Porzig had with his lawyer ... 81 contingent fee the lawyer had already received ... The court said the arbitrators had given no reasoning for their decision, but that the similarity of the award to O'Donnell's contingent fee suggested Dresdner Kleinwort's application had been influential. (Law.com)

    Lack of Retainer Leads Court to Order Firm to Return Fees Beyond Contingency  Aug 8, 2007
    Lawyers whose original retainer agreement stated only that they would receive a one-third contingent fee must disgorge additional fees collected for an appeal and collateral litigation, a Manhattan judge has ruled ... But Manhattan Supreme Court Justice Carol Edmead ruled that the firm was not entitled to such a large fee because Siagha never signed a retainer agreement authorizing fees beyond the one-third contingent fee. (Law.com)

    Language Not in Fee Contracts Costs Firm More Than $35.7 Million  Jul 21, 2007
    In the July 18 order, the majority awarded the plaintiffs lawyers in Wood a contingent fee equal to 25 percent of the damages awarded the plaintiffs, plus $500,000 in expenses. The panel found the O'Quinn firm breached a fiduciary duty to the clients, because the Breast Implant General Expense account had run a surplus since 2000, the firm never audited the account and it never informed the class members of the surplus. (Law.com)

    'A total hypocrite'  Jun 18, 2007
    Mr. Edwards, a lawyer, made millions of dollars in contingent fee medical malpractice lawsuits, and spent most of his working career attacking health care. He says he was "fighting big insurance companies."Mr. (Fresno Bee -- Opinion)

    Trial Lawyer Is Denied Fee After Appellate Settlement  May 8, 2007
    A federal judge in Manhattan has ruled against a lawyer seeking to collect a contingent fee on a case he lost at the trial level but which his client settled after filing an appeal ... Israeli-based Chemipal, which agreed to pay Fredericks $40,000 and a 35 percent contingent fee, claimed Slim-Fast violated its contract with it by not providing adequate marketing and advertising support ... Fredericks sued Chemipal last year, arguing that his contingent fee arrangement with the company applied to... (Law.com)

    Alien ambulance-chasers (Daniel J. Popeo and Glenn G. Lammi)  Mar 26, 2007
    Judges must resist the urge to appoint themselves, and contingent fee lawyers by proxy, as secretaries of state. They should defer to the views of the actual secretary of state, and put an end to the trial bar's latest entrepreneurial adventure. (Washington Times, DC)

    Make sure you check out your tax preparer  Jan 21, 2007
    According to the IRS, "A practitioner may not charge a contingent fee (percentage of your refund) for preparing an original tax return.". Choose a preparer you will have easy access to. (Mail Tribune, OR)

    What to Consider When Hiring a Tax Preparer  Jan 17, 2007
    According to the IRS, "A practitioner may not charge a contingent fee (percentage of your refund) for preparing an original tax return." Choose a preparer you will have easy access to. Be sure to check who will actually be preparing the return if a firm delegates your work to someone with less training or to an unknown worker, take your business somewhere else. (Fox News)



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