G2TT
来源类型Discussion paper
规范类型论文
来源IDDP9727
DP9727 Why Plaintiffs' Attorneys Use Contingent and Defense Attorneys Fixed Fee Contracts
Winand Emons; Claude Fluet
发表日期2013-11-10
出版年2013
语种英语
摘要Victims want to collect damages from injurers. Cases differ with respect to the judgment. Attorneys observe the expected judgment, clients do not. Victims need an attorney to sue; defense attorneys reduce the probability that the plaintiff prevails. Plaintiffs' attorneys offer contingent fees providing incentives to proceed with strong and drop weak cases. By contrast, defense attorneys work for fixed fees under which they accept all cases. Since the defense commits to fight all cases, few victims sue in the first place. We thus explain the fact that in the US virtually all plaintiffs use contingency while defendants tend to rely exclusively on fixed fees.
主题Industrial Organization
关键词Contingent fees Expert services Fixed fees Litigation
URLhttps://cepr.org/publications/dp9727
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/538563
推荐引用方式
GB/T 7714
Winand Emons,Claude Fluet. DP9727 Why Plaintiffs' Attorneys Use Contingent and Defense Attorneys Fixed Fee Contracts. 2013.
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