Risks, Reputations, and Rewards

Zusatztext "It is an excellent piece of scholarship that adds substantially to our understanding f the contingency fee and speaks to important public policy issues." Informationen zum Autor Herbert M. Kritzer is Professor of Political Science and Law at the University of WisconsinMadison. Klappentext 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. Zusammenfassung Herbert Kritzer addresses a number of questions about contingency fee legal practice and argues that to be successful, contingency fee lawyers must generate a portfolio of cases similar to an investment portfolio with its associated risk.

Autorentext
Herbert M. Kritzer is Professor of Political Science and Law at the University of WisconsinMadison.

Klappentext
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.

Zusammenfassung
Herbert Kritzer addresses a number of questions about contingency fee legal practice and argues that to be successful, contingency fee lawyers must generate a portfolio of cases similar to an investment portfolio with its associated risk.

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