No Win, No Fee: Some Economics of Contingent Legal Fees.

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Gravelle, Hugh; Waterson, Michael;
  • Journal: The Economic Journal,volume 103,issue 420 September,pages1,205-20

This paper analyzes the effects on the litigation process of alternative contracts between plaintiffs and their lawyers. Three contracts are compared: normal (hourly fee), contingent mark up fees, and contingent share contracts. The focus is on the first two, a recent c... View more
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