16.  Attorney Able, a personal injury attorney with no exper…

Questions

16.  Attоrney Able, а persоnаl injury аttоrney with no experience in commercial matters, makes an oral agreement with Carl Client to prepare a complicated contract for a fee of $500 per hour.  The customary fee for similar work by local lawyers experienced in commercial matters is $350.  Attorney Able spends four hours on the contract, but sends an invoice for $2,500. Which of the following subjects Attorney Able to discipline?  I. He failed to reduce the fee arrangement to writing. II. His fee is greater than the customary local hourly fee for more experienced lawyers. III. His invoice exceeded the fee agreed upon. IV. As a lawyer inexperienced in commercial matters, he should have agreed to a fee of less than $350 per hour.