The Contingent Attorney's Fee Tax Trap: Ethical, Fiduciary Duty, and Malpractice Implications

23 Pages Posted: 12 Nov 2003

See all articles by Gregg D. Polsky

Gregg D. Polsky

University of Georgia School of Law

Abstract

In employment and civil rights lawsuits, the alternative minimum tax may cause a plaintiff's net recovery to be taxed at rates significantly higher than the current maximum rate of 35 percent. This Essay discusses the ethical, fiduciary duty and malpractice implications for lawyers representing plaintiffs who may be affected by this tax trap.

Suggested Citation

Polsky, Gregg D., The Contingent Attorney's Fee Tax Trap: Ethical, Fiduciary Duty, and Malpractice Implications. Virginia Tax Review, Vol. 23, 2004. Available at SSRN: https://ssrn.com/abstract=464900 or http://dx.doi.org/10.2139/ssrn.464900

Gregg D. Polsky (Contact Author)

University of Georgia School of Law ( email )

225 Herty Drive
Athens, GA 30602
United States

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