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Attorney's fee is a chiefly United States term for compensation for legal services performed by an attorney (lawyer or law firm) for a client, in or out of court. Fees may be an hourly, flat-rate or contingent fee.
Some states cap fees at a flat rate; for example, 33.33% of net judgment or recovery in Tennessee and Utah. Other states utilize a sliding scale fee structure. For example, Connecticut utilizes a sliding scale fee structure but that can be waived in complex cases with a cap of 33.33%. [ 27 ]
A "flat rate" (more accurately known as fixed rate) for electricity is a fixed price per unit , not a fixed price per month, and thus different from that for other services. An electric utility that charges a flat rate for electricity does not charge different rates based upon the demand that the customer places on the system.
An attorney must always act in the client’s best interests, including maintaining attorney/client privilege. ... Financial advisors may have different fee structures, such as a flat rate or an ...
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A fee-only adviser charges a fee for service (typically hourly or annually, or a flat rate) and doesn’t earn commission on the sale of investment products. ... or a flat rate) and doesn’t earn ...