fee splitting
- noun
- /fi ˈsplɪtɪŋ/
- Formal
- They all were trying to make money as brokers between lawyers and clients without violating rules against fee splitting.
Examples
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In many states, fee splitting among lawyers can lead to disciplinary actions if not properly disclosed.
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There, the ban on fee-splitting is expected to be relaxed, allowing lawyers to work for corporations such as banks and insurance companies that want to offer legal services.
Academic text (2005) -
But such fee-splitting isn't permitted with for-profit enterprises such as LegalMatch.
Academic text (2005) -
The doctors agreed on a system of fee splitting to ensure that referrals were fairly compensated.
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Regulations surrounding fee splitting aim to maintain ethical standards in legal and medical professions.
Synonyms
A payment to someone who introduces two people for a business deal
Surface Forms
Morphology
The noun combines 'fee' (a payment) with 'splitting' (dividing), so the meaning 'dividing or sharing a fee' is directly derivable from the constituents. A B1 learner who knows both words can infer it refers to sharing payments (often between professionals), even if the specific referral/legal nuance is specialized.
Etymology
The phrase fee splitting comes from the simple image of splitting a fee in two, so one person keeps part and gives the other part to someone else. It refers to paying part of a bill to someone who 'refers' or sends a client, and that's why today the term often has a bad meaning like 'unethical'.