Follow Us Subscribers SAVE 30%

Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.

Law Firm Financials Law Firm Marketing and Business Development Lawyer Rates and Arrangements

Enabling Monetization of Non-Monetary Victories

This article proposes language to include in retainer agreements to enable the monetization of non-monetary victories and compensate attorneys for all their work on behalf of their contingency clients.


Thank you for sharing!

Your article was successfully shared with the contacts you provided.

In a typical contingency fee arrangement, the successful attorney receives a percentage of “all sums recovered” by his or her client in a dispute or litigation. Oftentimes, this calculation is straightforward — the plaintiff recovers $X via settlement or verdict and the attorney takes a percentage of that recovery. But what about case-related victories that do not result in a direct recovery for the plaintiff, such as securing the dismissal of a counterclaim or obtaining declaratory or injunctive relief?

To continue reading,
become a free ALM digital reader

Benefits include:

*May exclude premium content

Read These Next