The Contingent Attorney\u27s Fee Tax Trap: Ethical, Fiduciary Duty, and Malpractice Implications

Abstract

In employment and civil rights lawsuits, the alternative minimum tax may cause a plaintiff\u27s net recovery to be taxed at rates significantly higher than the current maximum rate of 35 percent. This Essay discusses the ethical, fiduciary duty and malpractice implications for lawyers representing plaintiffs who may be affected by this tax trap