Asset Protection Attorneys


Example of Attorneys Fees Provision

Working for and Against Parties

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Case No. 1 - Attorneys Fees Provision

Jones signs a contract to provide services to Smith.
Smith refuses to pay $20,000 claiming the service provided by Jones was unsatisfactory.
Jones disagrees and decides to sue for $20,000.
Attorney for Jones requests a $10,000 deposit and then files suit against Smith.
Smith goes to an Attorney who requests a $10,000 deposit to defend the lawsuit.
Smith can pay a $10,000 deposit to Attorney and defend the lawsuit or settle with Jones.
Unless Smith is relatively certain he can prevail, he should settle the suit and avoid the risk of an adverse judgment including attorneys fees and costs.