Fee Mediation

question 124

Multiple Choice

Fee mediation

• A) is compulsory whenever a client raises a concern about a lawyer's bill.
• B) is offered by every provincial law society as the primary means of dispute resolution for complaints regarding lawyers' fees.
• C) involves a review of a lawyer's bill by a court official.
• D) involves a judge who determines whether or not a lawyer's bill is reasonable.
• E) involves a neutral mediator who tries to facilitate a mutually acceptable resolution of a dispute over fees charged by a lawyer.

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Definitions:

Fair Value

An estimate of the market value of an asset, determined by mutual agreement between a willing buyer and seller, each possessing adequate information.

Good Faith

Acting with honesty and without the intention to defraud or to seek an unfair advantage.

Without Alteration

A term referring to maintaining the original state or condition of something without any changes or modifications.

Lack of Consideration

A legal concept indicating the absence of a necessary element in a contract, where one party does not provide a promised payment or service in exchange for the other's offering.