Orlando, FL asked in Personal Injury for Puerto Rico

Q: Which is the name of the law that determines the percentage of honorary (and the %)the lawyer receive in cases of injury

Case of an injury in a commercial place

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T. Augustus Claus
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Answered

A: It is generally referred to as a contingency fee arrangement, where the attorney's fee is contingent upon the successful resolution of the case. The specific percentage can also vary depending on factors such as the complexity of the case, the jurisdiction, and any agreements made between the attorney and the client.

Alberto J. Castaner
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Answered

A: The law is Act No. 9 known as Practice of Law Act and provides:

No attorney shall charge fees of a contingent nature in actions to recover damages in an amount that exceeds, for any reason, twenty-five percent (25%) of the final proceeds of the judgment, compromise or agreement if the client is a minor or mentally disabled, or thirty-three percent (33%) of the final proceeds of the judgment, compromise or agreement if it is any other client.

4 L.P.R.A. § 742

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