Wisconsin Senate Passes Bill to Regulate Attorney Fees » Controlling Legal Costs

This is an interesting article.

The fees have to be limited based on the ‘factors’ listed below. I don’t see how this is really limited legal fees unless it was to spend some money on legislation that really doesn’t do anything.

• Time and labor required by the attorney
• Novelty and difficulty of the questions involved in the action
• Skill requisite to perform the legal service properly
• Likelihood that the acceptance of the particular case precluded other employment by the attorney
• Fee customarily charged in the locality for similar legal services
• Amount of damages involved in the action
• Results obtained in the action
• Time limitations imposed by the client or by the circumstances of the action
• Nature and length of the attorney’s professional relationship with his or her client
• Experience, reputation and ability of the attorney
• Whether the fee is fixed or contingent
• Complexity of the case
• Awards of costs and fees in similar cases
• Legitimacy or strength of any defenses or affirmative defenses asserted in the action
• Other factors

Wisconsin Senate Passes Bill to Regulate Attorney Fees » Controlling Legal Costs