Without an agreement as to the division of fees, attorneys jointly undertaking to represent a client share equally, and this is true even though one attorney employs another attorney to assist in an action for a contingent fee. But where the client's employment of more than one attorney is not joint, or where separate attorneys render separate services, each is entitled only to the reasonable value of each attorney's services.
Arkansas Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys is a legal document that outlines the terms and conditions of fee division between attorneys representing a client in the state of Arkansas. This document is crucial in ensuring transparency and fairness in the distribution of fees among attorneys. Keywords: Arkansas, disclosure, letter, client, attorney, division of fees, fee division, terms and conditions, transparency, fairness. Different types of Arkansas Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys can be categorized based on the specific circumstances of fee division. Some of these types include: 1. Initial Fee Division: This type of disclosure is used when two or more attorneys agree to divide the fees from a client's case at the beginning of their representation. It sets the foundation for the division of fees and ensures all parties are aware of their respective shares. 2. Contingency Fee Division: If attorneys agree to work on a contingency fee basis, where their payment depends on a successful outcome, a separate disclosure letter may be required. This type of disclosure letter outlines the percentage or proportion of the total fee that each attorney will receive in the event of a favorable result. 3. Hourly Rate Fee Division: In cases where attorneys charge an hourly rate for their services, a disclosure letter may be necessary to establish how the fees will be divided. This type of disclosure letter may specify each attorney's hourly rate, the number of hours they have worked, and the calculation method for dividing the total fee. 4. Fee Division Amendment: In some cases, there may be a need to revise or amend the initial fee division agreement. A separate disclosure letter can be used to document any changes made to the original fee division arrangement, ensuring that all parties remain informed and in agreement. Overall, the Arkansas Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys establishes a clear understanding between attorneys and safeguards the interests of both parties. It ensures transparency, fairness, and compliance with the legal requirements in Arkansas.Arkansas Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys is a legal document that outlines the terms and conditions of fee division between attorneys representing a client in the state of Arkansas. This document is crucial in ensuring transparency and fairness in the distribution of fees among attorneys. Keywords: Arkansas, disclosure, letter, client, attorney, division of fees, fee division, terms and conditions, transparency, fairness. Different types of Arkansas Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys can be categorized based on the specific circumstances of fee division. Some of these types include: 1. Initial Fee Division: This type of disclosure is used when two or more attorneys agree to divide the fees from a client's case at the beginning of their representation. It sets the foundation for the division of fees and ensures all parties are aware of their respective shares. 2. Contingency Fee Division: If attorneys agree to work on a contingency fee basis, where their payment depends on a successful outcome, a separate disclosure letter may be required. This type of disclosure letter outlines the percentage or proportion of the total fee that each attorney will receive in the event of a favorable result. 3. Hourly Rate Fee Division: In cases where attorneys charge an hourly rate for their services, a disclosure letter may be necessary to establish how the fees will be divided. This type of disclosure letter may specify each attorney's hourly rate, the number of hours they have worked, and the calculation method for dividing the total fee. 4. Fee Division Amendment: In some cases, there may be a need to revise or amend the initial fee division agreement. A separate disclosure letter can be used to document any changes made to the original fee division arrangement, ensuring that all parties remain informed and in agreement. Overall, the Arkansas Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys establishes a clear understanding between attorneys and safeguards the interests of both parties. It ensures transparency, fairness, and compliance with the legal requirements in Arkansas.
