Fee-Sharing Agreement
/ˈfiː ˈʃɛərɪŋ əˌɡriːmənt/
Definitions
- (n.) A contract between lawyers or law firms to divide legal fees from a case.
The lawyers entered into a fee-sharing agreement to split the earnings from the class action lawsuit.
Forms
- fee-sharing agreement
- fee-sharing agreements
Related terms
See also
Commentary
Fee-sharing agreements require careful drafting to comply with ethical rules prohibiting improper division of fees among lawyers.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.