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re: Divorce attorneys can she do this?
Posted on 7/10/16 at 8:18 am to TigernMS12
Posted on 7/10/16 at 8:18 am to TigernMS12
quote:
As far as contingencies goes, criminal cases and divorce cases are the only two instances an attorney is barred from taking on a contingency basis (according to the ABA Model Rules of Professional Conduct; states are free to make their own, but most go with the ABA). In short, her attorney could not take the case on a contingency fee basis unless FL is different than the ABA.
what was the timeline? i believe you can take property settlements in some areas (like LA) on contingency if the divorce is finalized. i was advised by an ethics attorney to never do this b/c if anything comes up, they will comb through your file to find some other violation to nail you. it's legal to do so but is frowned upon, per him (which i don't even get but i digress)
Posted on 7/10/16 at 9:03 am to SlowFlowPro
I will say, he got a pretty good deal when you consider how much he earns. $5 million to make her go away is a steal.
Posted on 7/10/16 at 9:04 am to SlowFlowPro
The idea is not to make the attorney have an interest in turning a divorce proceeding even more acrimonious than it actually is by allowing his compensation to be influenced by the outcome. You can after the fact agree to take your agreed payment from proceeds of the estate (often property), but the amount can't depend on the split of the estate.
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