Fun with Refundability: When Lawyers Owe Their Clients Money, Vol. 54, No. 7 RES GESTAE 24 (March 2011)

The Indiana Supreme Court recently issued a comprehensive opinion on the ethics of various types of attorney fee arrangements. Matter of O’Farrell, 942 N.E.2d 799 (Ind. Feb. 11, 2010).  The three common types of arrangements discussed were: fixed or flat fees; advance fee payments to secure payment of future hourly fees, sometimes called “special” or “security” retainers; [...]