ABA Formal Opinion 505: Handling Advance Deposits From Clients
On May 3, 2023, the ABA issued Formal Opinion 505 providing guidance to lawyers on how to handle fees paid in advance by clients for services to be performed in …
Fixed Fees Are Earned When Paid in Louisiana
In an interesting opinion decided today (September 24, 2009), the District of Columbia Court of Appeals held that fixed fees “are an advance of unearned fees that belong to the …