Retainer Agreements: ABA Formal Opinion 475 Explains How To Treat Received Fees Where Different Attorneys Have Disparate Interests In The Funds
Cases: Retainer AgreementsOpinion Was Issued On December 7, 2016. ABA Formal Opinion 475 addresses how to deal with received fees from a client when different attorneys provided services to the client. Actually, a two part process is involved: (1) the fees must be held by the receiving attorney separate from the lawyer’s own separate property […]
