LPM (CHAPTER 6) EXAM WITH CORRECT
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
What type of fee must be in writing according to Model Rule
1.5(c)? - ANSWERS-All contingency fees
Why are written fee agreements desirable? - ANSWERS--
They prevent misunderstanding
-They enhance the attorney-client relationship
-They provide protection for the lawyer in case of a free
dispute
Why is a true retained fee used? - ANSWERS-To secure a
firm's loyalty to a client
, What is a nonrefundable chargeable retainer fee? -
ANSWERS-A fee paid in advance of representation and is not
refundable to the client in most circumstances. It is applied
to the client's bill
What is a nonrefundable nonchargeable retainer? -
ANSWERS-A fee paid to the firm at the beginning of the case
and is not applied to the client's bill. It is not refundable if
the firm is discharged.
Why do many firms use nonrefundable retainers? -
ANSWERS-To ensure clients loyalty to the firm and to test a
client's commitment to the case
What is a refundable retainer? - ANSWERS-A fee applied to
the total fee and is refundable if the client terminates the
attorney-client relationship
What are hourly fees? - ANSWERS-Are when clients are
charged by the hour for each hour or portion of an hour
spend on the case
ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+ 2025 – 2026
What type of fee must be in writing according to Model Rule
1.5(c)? - ANSWERS-All contingency fees
Why are written fee agreements desirable? - ANSWERS--
They prevent misunderstanding
-They enhance the attorney-client relationship
-They provide protection for the lawyer in case of a free
dispute
Why is a true retained fee used? - ANSWERS-To secure a
firm's loyalty to a client
, What is a nonrefundable chargeable retainer fee? -
ANSWERS-A fee paid in advance of representation and is not
refundable to the client in most circumstances. It is applied
to the client's bill
What is a nonrefundable nonchargeable retainer? -
ANSWERS-A fee paid to the firm at the beginning of the case
and is not applied to the client's bill. It is not refundable if
the firm is discharged.
Why do many firms use nonrefundable retainers? -
ANSWERS-To ensure clients loyalty to the firm and to test a
client's commitment to the case
What is a refundable retainer? - ANSWERS-A fee applied to
the total fee and is refundable if the client terminates the
attorney-client relationship
What are hourly fees? - ANSWERS-Are when clients are
charged by the hour for each hour or portion of an hour
spend on the case
