Rev. Rul. 76-5, 1976-1 C.B. 146Fee Sharing Agreement • August 29th, 2005
Contract Type FiledAugust 29th, 2005Public interest law firm; fee sharing agreements. A public interest law firm will no longer be recognized as exempt under section 501(c)(3) of the Code after it enters into a fee-sharing arrangement with a private attorney who will keep the portion of any court-awarded fee that exceeds the amount the firm has paid to the private attorney for services rendered on the particular case.