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Assignment 5 LGLA 1219

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Assignment 5 LGLA 1219

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Name ____________Lauryn Nelson________
LGLA 1219 – Legal Ethics


Please include your name on the assignment. Include the questions and answers.
Use Times New Roman; 12pt font
Only use black text color.
Failure to follow instructions will result in points deducted.


ASSIGNMENT 5
Chapter 6


DIRECTIONS: There is a required textbook for this course. When applicable, your answers
should first come from the related chapter. External resources should be used when the answer
cannot be found in the textbook and/or to further explain your answer.


SHORT ANSWER (10 points each)


1. a. What are fixed fees?
Fixed fees, also known as flat fees, are based on a set amount for legal services where the
attorney knows the approximate amount of time is needed to complete the work.
b. For what kinds of work are fixed fees typically used?
The kind of work that fixed fees are typically used for is filing a default divorce, forming
a corporation or partnership, or handling a consumer bankruptcy.
2. a. What are contingency fees?
Contingency fees are dependent on the successful outcome of a case and is based on the
percentage of the recovery from disputes that are litigated or may lead to litigation if it is not
settled.
b. For what kinds of cases are contingency fees usually used?
The kinds of cases that typically use contingency fees are civil litigation such as personal
injury or medical malpractice.
3. How are hourly rates determined?
Hourly rates are determined by expertise and other qualifications of the person billing,
the nature and complexity of the services performed, and the market.
4. a. What is a retainer?


LGLA 1219 – Assignment 5

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