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The optimality of contingent fees in the agency problem of litigation

✍ Scribed by Susheng Wang

Book ID
113664705
Publisher
Elsevier Science
Year
2008
Tongue
English
Weight
316 KB
Volume
28
Category
Article
ISSN
0144-8188

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πŸ“œ SIMILAR VOLUMES

US-style contingent fees and UK-style co
US-style contingent fees and UK-style conditional fees: agency problems and the supply of legal services
✍ Winand Emons; Nuno Garoupa πŸ“‚ Article πŸ“… 2006 πŸ› John Wiley and Sons 🌐 English βš– 119 KB

## Abstract Under contingent fees, the attorney gets a share of the judgment; under conditional fees, the lawyer gets an upscale premium if the case is won which is, however, unrelated to the adjudicated amount. We compare conditional and contingent fees in a principal–agent framework where the law