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- handle: 10670/1.hsxw5q
- hal: hal-02443814
- doi: 10.1515/rle-2018-0008
- WOS: 000496964700004
Ce document est lié à :
info:eu-repo/semantics/altIdentifier/doi/10.1515/rle-2018-0008
Mots-clés
Litigation Agency Contest Compensation K - Law and Economics/K.K4 - Legal Procedure, the Legal System, and Illegal Behavior/K.K4.K41 - Litigation ProcessSujets proches
Litigation Actions and defenses--Law and legislation Interpleader Litigation Personal actions Lawsuits Defense (Law) Suits (Law) Real actions Civil actionsCiter ce document
Tim Friehe et al., « On Plaintiff Preferences Regarding Methods of Compensating Lawyers », HAL-SHS : droit et gestion, ID : 10.1515/rle-2018-0008
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Résumé
This paper analyzes a litigation contest in which the plaintiff’s lawyer and the defendant choose effort. The plaintiff selects the relative importance of a contract component related to the judgment (similar to contingent fees) and a component related to the lawyer’s efforts (similar to conditional fees) to ensure lawyer participation and guide the lawyer’s decision-making. For our setup, we find that the plaintiff considers the component related to the lawyer’s effort to be the relatively more desirable instrument in the light of its effort-inducing and cost characteristics. However, high levels of the lawyer’s outside utility may limit the role of this component.