§ 719.41. How does the Department determine whether fees are reasonable?
93 words·~1 min read·
/us/cfr/t10/s§ 719.41·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In determining whether fees or rates charged by retained legal counsel are reasonable, the Department may consider among other things:
(a)Whether the lowest reasonably achievable fees or rates (including any currently available or negotiable discounts) were obtained from retained legal counsel;
(b)Whether lower rates from other firms providing comparable services, at appropriate competency and experience levels, were available;
(c)Whether alternative rate structures such as flat, contingent, and other innovative proposals, were considered; and
(d)The complexity of the legal matter and the expertise of the law firm in this area.