Molly Vakulskas Joly
Economics of Law Practice Seminar
Outline Development
Contingency Fee
[20000913]
What is a contingency fee?
General definition and examples
Examples from early cases (contract v. professional responsibility)
Discussion of judicial treatment in cases
When is the contingency fee used?
Personal injury examples
Business examples
What do the supporters say?
Access to legal system and examples
What do the critics say?
Champerty
Professional Responsibility
Senate Hearing
What are lawyers’ perceptions of the contingency fee and
how does it figure into a practice?
What is the future of the contingency fee?
On the section about lawyers’ perceptions, I would like to
speak with a few attorneys and get opinions on the usage of the contingency
fee. It would not be a very scientific study, because due to time
constraints, I would be contacting attorneys that I know, and probably
not more than three or so, but I thought it could give me something to
run with. Please let me know if you think this is possible.