LEO: Fees - Contingency Fee  LE Op. 992

 

Fees - Contingency Fee.

 

November 4, 1987

 

An ethical duty exists to provide a client with the basis or rate of a

lawyer's fee, including the method of determining any contingency fee. [

DR:2-105(B) and (C)]

 

In a situation where the fee and cost breakdown might prejudice a

companion case which is before a court, the Committee opines that it is in

the best interests of the attorney to allow the court to decide whether

the prejudice to the companion case outweighs the disclosure requirement

to the former client. [ DR:4-101(B) and (D), DR:7-101(A)(3)]

 

Committee Opinion November 4, 1987