The House and Senate tax bills both say no for contingent fee lawyers, until the very end of the case when it is resolved. Under most contingent fee agreements, the client pays nothing (not even costs) unless there is a recovery. Some lawyers in California and other states in the Ninth Circuit went to great pains to make sure they qualified. Both House and Senate tax bills say no to deductions, even in the Ninth Circuit. In the Ninth Circuit, that decision up to now has been heavily influenced by taxes.

Source: Forbes December 08, 2017 13:52 UTC