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Risks, Reputations, and Rewards - Contingency Fee Legal Practice in the United States (Hardcover, New)
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Risks, Reputations, and Rewards - Contingency Fee Legal Practice in the United States (Hardcover, New)
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"Risks, Reputations, and Rewards" looks at a variety of
interrelated questions about contingency fee legal practice: What
is the nature of the contingency fees that lawyers charge? How do
lawyers get and screen potential cases? How do contingency fee
lawyers interact with their clients and opponents? What is involved
in settling these cases? What types of returns do contingency fee
cases produce? And what role does reputation play in contingency
fee practice? The author argues that to be successful, contingency
fee lawyers must generate a portfolio of cases, similar to an
investment portfolio with its associated risk. This has a
significant impact on how contingency fee lawyers obtain and select
cases, manage their work, and deal with the pressures that arise in
settling cases. More important, understanding the work of
contingency fee lawyers in terms of an ongoing practice rather than
in terms of individual cases mitigates some of the significant
conflicts that may exist between lawyers and clients.
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