Re: ADVICE TO YOUNG LAWYERS ABOUT ACCOUNTING FOR RETAINER

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If you wish to take on consumer cases- whether as individual
or class actions- on contingency, it is still best to keep
track of hours diligently, and draft a contingency fee
agreement that provides 33%/40% if a trial (or whatever you
charge) OR attorney's fees awarded by court, whichever is
more.

Federal consumer statutes frequently include plaintiff's
attorney's fees as something which may be awarded by a
court. I've read of a number of cases where a bank ended up
paying a consumer $500 or $1000 in actual damages, and $20K
in attorney's fees.

Re: ADVICE TO YOUNG LAWYERS /GREAT, THANKS! , 11/28/03, by Hardy Parkerson, Atty..

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