A reasonable attorney's fee is commonly understood to be a fee which represents the reasonable value of the services rendered. In determining the reasonable value of the legal services rendered, the court may consider a number of factors, including the time and labor required, the difficulty of the questions involved, and the skill required to handle the problems presented, the lawyer's experience, ability, and reputation, the customary fee charged for similar services, and the results obtained. While a hearing is not required in all circumstances, the court must possess sufficient information upon which to make an informed assessment of the reasonable value of the legal services rendered.
American Tr. Ins. Co. v. Barakat PT PC, NY Slip Op 01750 (2d Dep't March 25, 2026)