"One of the major issues that supports thefee-splitting concerns is protecting lawyers' independent judgement and also prohibiting improper solicitation....

Murad is not in thefee-splitting business, I added.

It also addresses billing, fees, statutory fee awards that include compensation for paralegal work,fee-splitting, referral fees, partnerships between attorneys and nonlawyers, the compensation of paralegals, and handling client funds; competence and malpractice; special issues for litigation paralegals; and professionalism, including titles, overtime, diversity, and pro bono work.

Therefore, this prohibition againstfee-splitting with "non-lawyers" enables lawyers to focus exclusively on the interests of their clients and to exercise judgment independent of any outside source of revenue.

Word has it they're still negotiating thefee-splitting arrangement.

Fiduciary duties that may fall on mortgage brokers include the following: 1) the duty to disclose all loan information to the borrower (i.e., loan fees, interest rates, prepayment penalties and yield-spread premiums), and 2) the duty to act in good faith and to deal fairly (i.e., avoiding secret fees or undisclosedfee-splitting arrangements).

Flake said Wilson misled him about having a real estate license (a legal requirement for Wilson to collect a referral fee), while Wilson indicated Flake initiated thefee-splitting arrangement.

Fee-splitting analysis will typically focus on the following three issues:

Althoughfee-splitting was once universally condemned as unethical, the government-sanctioned "optometric-ophthalmic co-management," permits the splitting of the tee for performing cataract surgery.

A January meeting between NAR President Al Mansell and the Chief Counsel of the Securities and Exchange Commission's (SEC's) Division of Market Regulation focused on the sanctioning of REALTORS participating in afee-splitting arrangement for TIC securities transactions between brokers/dealers and real estate licensees.

Fee-Splitting. Most states prohibitfee-splitting by professionals.

Or, gain sharing can be as unethical asfee-splitting was at the turn of the century, and as corrupt as any conflict of interest.