Question: 1. Define a contingency fee and explain when it is used. 2. What business structures are permitted for a paralegal firm? 3. Explain the differences

1. Define a contingency fee and explain when it is used. 2. What business structures are permitted for a paralegal firm? 3. Explain the differences between general and limited liability part- nerships. 4. Explain the required steps to withdraw money from a trust account. S. How should a paralegal determine an appropriate contingency fee? 6. When can a paralegal split fees for a matter with other paralegals and lawyers? 7. When can a paralegal split fees with non-licensees? 8. Is a paralegal responsible for ensuring that their affiliated entities have professional liability insurance? 9. Can paralegals offer legal services to vulnerable persons? 10. Explain the differences between an affiliated entity and an associate in a multi-discipline practice

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