Give an example of when a contingent fee would be permitted and another example of when a contingent fee would not be permitted under this rule. Please give different examples than the ones in the rule.
Go to the AICPA’s website (www.aicpa.org (Links to an external site.)).
Under Research, click Standards.
On the standards page, click the code of professional conduct link.
Click on the Revised Online Code of Professional Conduct (Links to an external site.) link, then expand the topic by clicking the plus icon plus-icon.
Click on the blue link Code of Professional Conduct (Links to an external site.).
Search for rules 1.700.001 (formerly 301.01) and 1.510.001 (formerly 302.01).
Summarize each of these rules in 2–3 pages (12-point, double spaced) and give an example of when a contingent fee would be permitted and another example of when a contingent fee would not be permitted under this rule. Please give different examples than the ones in the rule.
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