Virgin Islands Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys

State:
Multi-State
Control #:
US-01623BG
Format:
Word; 
Rich Text
Instant download

Description

Without an agreement as to the division of fees, attorneys jointly undertaking to represent a client share equally, and this is true even though one attorney employs another attorney to assist in an action for a contingent fee. But where the client's employment of more than one attorney is not joint, or where separate attorneys render separate services, each is entitled only to the reasonable value of each attorney's services.

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FAQ

A durable power of attorney contains a ?durability clause,? which is a provision permitting your designated attorney-in-fact to act on your behalf in the event you are unable to handle your affairs. A general power of attorney permits your attorney-in-fact to act on your behalf in all of your personal affairs.

California Rules of Professional Conduct. Rule 1.8. 1 specifically outlines that an attorney may not enter into business transactions with a client. In addition, they may not knowingly acquire ownership, possession, security, or any other pecuniary interest in a client.

A ?durable? POA is simply a power of attorney that survives the incapacity of the Principal. While a Durable General Power of Attorney grants your Agent a considerable amount of legal authority to act on your behalf, it does not grant your Agent the authority to make medical or health care decisions on your behalf.

Unlike a basic power of attorney, which is not effective if you are incapacitated, a durable power of attorney contains special language making it effective even if you become incapacitated. It also continues operating if you later regain your capacity.

Generally, in a durable power of attorney, the authority of the agent to act on behalf of the principal survives the disability of the principal. Under the laws of Virgin Islands also, disability or incapacity of principal has the same effect as if the principal were competent and not disabled.

The Durable Power of Attorney In other words, you'd use a durable POA if you wanted to give your agent authority once you're unable to act for yourself. Because of this, many consider a durable POA to be the most powerful type of power of attorney.

Pursuant to Supreme Court Rule 204(c)(6), no application to the Virgin Islands Bar may be filed by anyone who has been disbarred, suspended or sanctioned, without reinstatement or exoneration, or who is under pending disciplinary action by the Bar of any state, district or territory of the United States or any foreign ...

In ance with Supreme Court Rule 201(a), an Attorney who is not regularly or specially admitted to practice law in the Virgin Islands may be specially admitted, Pro Hac Vice. This requires a motion of an attorney who is regularly admitted to practice in the Virgin Islands.

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Virgin Islands Disclosure by Letter from Client to Attorney Regarding Division of Fees between Attorneys