Celebrating 10 years! 2007-2017

Capping and Below Market Fees

Ok, since I am appealing to the wisdom of JDU today, let's j redemptionsong04/15/17
Nothing wrong with (1) so long as you write up the retainer vohod04/15/17
report the f*cker and reduce the competition As for compe dingbat04/15/17
You have little choice except to report him. tttsolo04/18/17
redemptionsong (Apr 15, 2017 - 2:45 am)

Ok, since I am appealing to the wisdom of JDU today, let's just say, hypothetically, there is a lawyer. He wants to dominate a niche market so he charges much less than everyone else with the intent to prevent market entry and widen the former customer base? Legit or no? Where would the line be between competitive pricing to a level that keeps the lawyer with a living at some level of gentrified poverty and maybe and, is there any ethics rule on this or is this just subject to the checks of the marketplace?

And then, also hypothetically, you see a competitor full on capping. In fact, he told he was capping and seems not to understand that anything is wrong with it. This includes reducing fees for referrals and paying a non-lawyer as a "middle man" to solicit clients. Option and Perspective 1) Don't be a rat. The state is evil and you never want to talk to the teacher. Option and Perspective 2) Kick him under the bus and let him see you do it. What a jerk. We have rules in this profession which ensure civility and professional independence. It is unfair for me or anyone to be handicapped by a person who just chooses to ignore the rules of the playing field for their own profit to the detriment of the decent majority.

Analysis.

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vohod (Apr 15, 2017 - 8:42 am)

Nothing wrong with (1) so long as you write up the retainer and initial understanding so the client understands what is happening. There are several highly profitable nation-wide Fam Law chains that have filing petitions and withdrawing by preliminary motions as their business models. Sooner or later this catches up with you on Yelp or other gripe pages.

Second rule on having "middle men" solicit clients is dubious at best but if set up right a referral service can be done. I personally find it sketchy. If its a situation where a nonlawyer is handing out your business card at jail or in the ER, its unethical in both of my states.

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dingbat (Apr 15, 2017 - 9:14 am)

report the f*cker and reduce the competition

As for competitive pricing, some lawyers are a lot more efficient than others, and some lawyers are happy earning less than others. If someone is both, good for them.

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tttsolo (Apr 18, 2017 - 6:03 pm)

You have little choice except to report him.

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