Allocating Settlement Authority under a Contingent‐Fee Arrangement
Abstract A contingent‐fee contract improves a plaintiff’s bargaining position against a defendant by providing an incentive to the plaintiff’s lawyer. Setting the lawyer’s share of judgment high will induce more effort from the lawyer, while keeping the lawyer’s settlement share low will reduce the...
| Veröffentlicht in: | The Journal of Legal Studies. - The University of Chicago Law School. - 32(2003), 2, Seite 585-610 |
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| Format: | Online-Aufsatz |
| Veröffentlicht: |
2003
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| Zugriff auf das übergeordnete Werk: | The Journal of Legal Studies |
| Schlagworte: | Law Business Economics Social sciences Albert |