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Tennessee follows the ?American Rule? which means that each party in a lawsuit pays their own attorney fees, no matter who wins. There are, however, exceptions to this rule.
The American Rule is a rule in the U.S. justice system that says two opposing sides in a legal matter must pay their own attorney fees, regardless of who wins the case. The rationale of the rule is that a plaintiff should not be deterred from bringing a case to court for fear of prohibitive costs.
Generally, in the state of Tennessee, attorney's fees are not recoverable unless you have entered into a contract which states that they are recoverable. That means you are typically responsible for paying all legal fees, even if you win the court case.
Tennessee follows the ?American Rule? which means that each party in a lawsuit pays their own attorney fees, no matter who wins.
In Tennessee, contingency fees are capped at one third (33 1/3%) of the total recovery. When a lawyer is retained, he and the client will agree on the percentage before representation and case work begins. Filing and court costs. The attorney's fee is only one of several costs that may be deducted from the settlement.
RULE 1.5: FEES Any changes in the basis or rate of the fee or expenses shall also be communicated to the client. (c) A fee may be contingent on the outcome of the matter for which the service is rendered, except in a matter in which a contingent fee is prohibited by paragraph (d) or other law.