CLE-ETHICS RULE 1.5, LEGAL SPEND DATA ANALYTICS AND A LAWYER’S DUTY TO CHARGE REASONABLE FEES

ETHICS RULE 1.5, LEGAL SPEND DATA ANALYTICS AND A LAWYER’S DUTY TO CHARGE REASONABLE FEES

Tuesday, December 15, 2020
9:00 a.m. (Pacific) 
Via Zoom
Approved for 1 CLE Ethics Credit

Clients insist upon legal fees that reflect market rates and that are transparent and value driven.  Attorneys likewise want to charge fees to their clients that are competitive, transparent and mutually beneficial based on the value of legal services delivered.  Against the backdrop of this normal marketplace equilibrium, ABA Rule 1.5 also imposes ethical obligations upon attorneys to charge fees that are reasonable, particularly when the normal equilibrium in the attorney-client relationship has shifted or is prone to shift.  This course will cover how practitioners critically evaluate Rule 1.5 factors when assessing the reasonable of fees under conventional hourly rate fee arrangements as well as how fixed fee, success based fees and other alternative fee arrangements are evaluated for ethical compliance with Rule 1.5.  A strong emphasis will be placed on the practical application of Rule 1.5 as the presenters will discuss how client fee sensitivity, law firm profitability expectations, legal fee benchmark data and legal spend analytics tools are changing the Rule 1.5 landscape.

Speakers

Jessica Bilotta
Grant W. McGuire
Nancy Rapoport

Agenda
9:00 – 9:05      Welcome and Introductions
9:05 – 9:50      Program
9:50 – 10:00    Questions and Answers/Closing Remarks