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