Section 504 prohibits the sharing of compensation, or fee splitting, among attorneys, other professionals, or trustees. The section provides only two exceptions: partners or associates in the same professional association, partnership, or corporation may share compensation inter se; and attorneys for petitioning creditors that join in a petition commencing an involuntary case may share compensation.
2005—Subsec. (c). Pub. L. 109–8 added subsec. (c).
Amendment by Pub. L. 109–8 effective 180 days after