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Does Your Contractual Fee-Shifting Provision Maximize Your Recovery of Legal Fees?

  • Market Insight 28 十一月 2016 28 十一月 2016
  • 美洲

  • 基础设施

Virtually every contract in the construction industry contains a fee-shifting provision, which is a clause that requires the losing party in litigation to pay the prevailing party's reasonable attorneys' fees. However, despite the fact that alternative fee recovery agreements maximize a party's recovery of legal fees when a fee-shifting provision (or statutory award) is triggered, they are not universally implemented.

Does Your Contractual Fee-Shifting Provision Maximize Your Recovery of Legal Fees?

This article includes:

  • What is an Alternative Fee Recovery Agreement?
  • The First Baptist Case
  • Application of Alternative Fee Recovery Agreements to Other Fee Plans
  • Partial Contigency Fee Plan - The Sewer Pipe Delay Case
  • Traditional Hourly Fee Plan - The Alleged Roof Failure Case
  • Easy-to-Use Fee Plan Chart including Customization, Matter Type and Brief Description

Download the article here.

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