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.
Kentucky Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys In the legal profession, attorneys often work collaboratively on cases, pooling their expertise and resources to provide the best legal representation possible. Oftentimes, when multiple attorneys work on a case, it becomes necessary to divide the fees generated from that case fairly and transparently. To ensure clarity and compliance with legal ethics rules, a Kentucky Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys is commonly used. This letter serves as a formal communication between the client and their attorneys, explicitly disclosing the arrangement made regarding the division of fees. It helps establish trust, transparency, and accountability among all parties involved. The Kentucky Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys typically includes the following important details: 1. Identification: The letter identifies all the attorneys involved in the case, including their contact information, professional affiliations, and bar numbers. This ensures that all parties are aware of who will be receiving a portion of the fees. 2. Client Consent: The letter reiterates the client's consent to the division of fees between the attorneys and acknowledges their understanding of the arrangement. This demonstrates that the client is aware of the arrangement and agrees to it. 3. Division of Fees: The letter clearly outlines the specific percentage or method by which the fees will be divided among the attorneys. This prevents any misunderstandings or disputes regarding the allocation of fees earned from the case. 4. Disclosure to Client: The letter confirms that the client has been fully informed of the fee division arrangement and acknowledges their understanding of how it may impact the overall attorney-client relationship. This ensures that the client is well-informed and can make decisions accordingly. Different Types of Kentucky Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys: 1. Standard Fee Division Letter: This is the most common form of the disclosure letter used when dividing fees between attorneys working on a case. It typically includes the elements mentioned above and ensures that the division is fair and transparent. 2. Contingent Fee Division Letter: In cases where attorneys work on a contingent fee basis, this letter may include additional clauses addressing the specific guidelines for dividing fees if the case is successful. It may outline different percentages or arrangements depending on the outcome of the case. 3. Hourly Rate Fee Division Letter: When attorneys bill their clients based on an hourly rate, this variation of the disclosure letter may detail how attorneys with different hourly rates will divide the fees fairly, considering the time and effort each attorney puts into the case. Ultimately, the Kentucky Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys ensures that all parties involved are aware, informed, and agree to the allocation of fees. It promotes transparency, protects the client's interests, and upholds ethical standards within the legal profession.
