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[QUOTE="8893, post: 3787343, member: 93"] It’s not an uncommon misperception. Same thing with the contingent fees for CT lawyers in personal injury cases. Standard was always a straight one-third. Then several years ago the legislature in its infinite wisdom passed a capped sliding scale, whereby you make 1/3 of the first $300,000; 1/4 of the next $300,000; 1/5 of the next $300,000; 15% of the next $300,000; and 1/10 of anything more than $1.2M. To charge a straight one-third you have to have the client sign a bolded and capitalized waiver that reads like they are giving you license to steal from them. The notion that you want to provide a disincentive for your lawyer to obtain the highest recovery for you is as illogical as the belief that it requires less work is stupid. Thankfully, it is easily explained to those capable of understanding it. [/QUOTE]
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