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[textbook]Traversing the Ethical Minefield Problems, Law, and Professional Responsibility by Susan R. Martyn (z-lib.org)(1) (1)

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contingent fees demonstrates, for almost all cases there is a range of possible recoveries.

Since the amount of the recovery will be largely determined by the lawyer’s knowledge,

skill, experience and time expended, both the defendant and the plaintiff may best be

served by a contingency fee arrangement that ties the lawyer’s fee to the amount recovered.

Also, an early settlement offer is often prompted by the defendant’s recognition of the

ability of the plaintiff’s lawyer fairly and accurately to value the case and to proceed

effectively through trial and appeals if necessary. There is no ethical reason why the lawyer

is not entitled to an appropriate consideration for this value that his engagement has

brought to the case, even though it results in an early resolution. . . .

That having been said, there may nonetheless be special situations in which a

contingent fee may not be appropriate. For example, if in a particular instance a lawyer was

reasonably confident that as soon as the case was filed the defendant would offer an amount

that the client would accept, it might be that the only appropriate fee would be one based

on the lawyer’s time spent on the case since, from the information known to the lawyer,

there was little risk of non-recovery and the lawyer’s efforts would have brought little value

to the client’s recovery. 15 And even if, in such circumstances, after a full discussion, it were

agreed between lawyer and client that a contingent fee was appropriate, the fee arrangement

should recognize the likelihood of an early favorable result by providing for a significantly

smaller percentage recovery if the anticipated offer is received and accepted than if the case

must go forward through discovery, trial and appeal. . . .

In re Everett E. Powell, II

953 N.E.2d 1060 (Ind. 2011)

PER CURIAM. . . .

Prior to Respondent’s representation of T.G., another attorney, Mark E. Ross (“Ross”),

had represented T.G. in obtaining a settlement of a personal injury action. T.G. had a

history of drug and alcohol abuse, and she was in an apparently abusive and controlling

relationship with J.S., the father of her six children. In August 2004, Ross created, with

T.G.’s consent, a “special needs trust” to hold $42,500 from the settlement to preserve

T.G.’s eligibility for public assistance and to prevent rapid depletion by T.G. and those

who may not be acting in her best interests, including J.S. Ross agreed to become the

trustee because he was unable to find any other qualified individual or institution to serve.

T.G. soon began demanding access to the trust money, pressured, Ross believed, by J.S.

and his mother. Ross sent a series of letters to T.G. reminding her of the purposes of the

special needs trust, expressing willingness to surrender his position to a qualified successor

trustee, saying that he was, in fact, very close to resigning as trustee (in which case, he told

her a court would appoint a successor), and suggesting she contact some smaller banks to

see if any would be willing to take over as trustee.

On October 27, 2004, T.G. (accompanied by J.S.) consulted Respondent about getting

access to the funds in the trust. During this consultation, Respondent reviewed documents

provided by T.G., which showed the amount of money placed in the trust and indicated

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