Where the firm provides client work opportunities for our lawyers resulting from our business development activities, a 15% deduction is made from the lawyer’s relevant fees for matters instructed during the first 12 months of the relevant client relationship.
Beyond the first 12 months, should the relationship continue, that client is considered part of the lawyer’s practice and no further referral fees are payable on any new matters for that client.
Where our lawyers refer work from one of their own clients to another Clearlake lawyer, the referring partner is entitled to 15% of the billings for that work (leaving the lawyer who performs the work typically with 65% to 70% of the fees).
