Lawyers' Fees, Competition Law and Contingent Fees
12 Pages Posted: 31 Mar 2009
Date Written: March 16, 2009
Contingent fees have been traditionally prohibited in the Spanish legal system. However, on November 4th, 2008, the Spanish Supreme Court rendered a revolutionary decision on the issue. Under Competition Law, the Court quashed the prohibition under the reasoning that it affected competition by restricting the attorney and its client to freely set the price of the legal assistance and, therefore, imposing indirectly a minimum fee.
Note: Downloadable document is in Spanish.
Keywords: Legal Fees, Competition Law, Contingent Fees
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