Hello, I'm Mike Hackard. I'm the chair of Hackard Law, a law firm focusing on estate, trust and elder financial abuse litigation in California's major urban areas. I'm the author of The Wolf at The Door: Undue Influence and Elder Financial Abuse. The book will come out in early autumn. This is episode 17, where I briefly address representing wronged trust beneficiaries and victims of elder financial abuse on a contingency fee basis.
We frequently handle trust and elder financial abuse lawsuits on an attorney-client contingency fee arrangement. We analyze the merits of the case and our analysis dictates our own confidence level in accepting a contingency fee arrangement. There are a number of practical and legal qualifiers for us in determining whether we will proceed with a contingency fee arrangement: (1) The probable size of the recovery; (2) Our comfort level with the prospective client or clients; and (3) Compliance with California's ethical and statutory rules that govern attorney-client fee arrangements.
So when we enter into a contingency fee agreement, we want it to work for the client and for us. Once we're hired, we want our focus to be on recovering that which has been wrongfully taken from our clients by trust wrongdoers or elder financial abusers. It's just that simple.
If you would like a free digital copy of the book when it comes out, email us at [email protected] I'm happy to share this book on this very important topic.