The Contingent Attorney's Fee Tax Trap: Ethical, Fiduciary Duty, and Malpractice Implications
23 Pages Posted: 12 Nov 2003
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.
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