For example, if the client is a business client and has been sued in a professional function, then the client may have kept our business as a process company to handle the litigation, and at the same time we can enter into an agreement with Co-Counsel to advise on certain financial aspects of the case, such as tax issues, etc. In this scenario, the client may already have a tax lawyer and feel comfortable bringing co-counsel. ”You were my co-counsel in one of the most terrible tragedies where a family on their way to the beach lost a father and a child in a truck accident. After rejecting numerous offers from the insurance company, the case was eventually settled for $14.5 million, one of the largest death settlements in Horry County. Since then, I have brought her to every case of serious injury that comes into my company. ” – R. Lee, South Carolina lawyer In this scenario, it really depends on the specific facts of this case. If the lawyer involved in the case is unable to adequately represent the client`s interests without the assistance of co-counsel, the lawyer should seriously consider withdrawing from the case. We have attached a standard royalty-sharing agreement that we use in our cases. While we prefer to be involved in a case before a complaint is filed so that we can control the trial trial, we are sometimes brought into The Cases just before the trial to act as chief counsel, because we have experience in the courtroom to bring cases before a jury. In these situations, we are always open to alternative pricing rules.
If you have questions about rate-sharing agreements or co-committees, send a E-Mail-Michael@friedgoldberg.com. Customers react in different ways. The nature of their response really depends on the nature of the case and the nature of the client`s involvement in the case. If a client is a professional client who is aware of the issues discussed here, the client will probably understand the need for co-counsel. Overall, how clients respond to the proposal for a co-association consultant really depends on the nature of the client, the nature of the case and why co-counsel is needed. ”You were a co-counsel in a case of severe liability where the client was paralyzed at the time of the accident. After accepting numerous filings and preparing the case for trial, the matter was settled and I received a seven-figure fee as part of the consultation. It was an amazing result. -S. Bader, workers comp attorney At Fried Goldberg, 95% of our cases come from other lawyers who have partnered with us as co-counsel because we have dealt with catastrophic injuries and illegitimate deaths, especially in the area of truck and commercial vehicle accidents.
Many of these lawyers do not have experience with these cases, but they retain a significant amount of contingency costs as they maintain their relationship with the client. We play the role of Lead Counsel in the case and promote all costs and expenses, but we make sure that our co-counsel is always kept in the loop. We look forward to participating as co-counsel as soon as possible in one case. Often, we are called about the deal even before the potential client has entered into a fee contract, and we meet with the potential client to support the interview process and the listing of the case. In these situations, both our law firm and our co-counsel are listed as legal assistance in the fee contract, which indicates the distribution of costs between co-committees. Again, the role of lawyers is to act in the best interests of the client. If counsel finds that Co-Counsel is necessary to accomplish a particular task in the case that is in the best interest of the client, then the lawyer should do his best to explain to the client why he or she is in the best interests of the client and how he can ultimately maximize recovery or otherwise assist him.