Contingency Fee Agreements

question 125

Multiple Choice

Contingency fee agreements

• A) are typically used for real estate purchases, the drafting of wills, and incorporations.
• B) are not subject to any restrictions.
• C) are synonymous with retainer agreements.
• D) may result in a lawyer not receiving any legal fees for the work done on a file.
• E) must be prepared for all lawyer-client relationships.

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Definitions:

Simple Tasks

Tasks that are straightforward and uncomplicated, requiring minimal effort or skill to complete.

Distracted

A state of divided attention, where focus is drawn away from the primary task or subject of interest towards unrelated thoughts or activities.

Larger Portions

Serving sizes that are significantly bigger than standard or recommended amounts, often linked to overconsumption and health issues.

Groups

Collections of individuals who come together to achieve a common goal or share a common interest.