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Cashing by the hour: why law firms prefer hourly fees over contingent fees

Garoupa, Nuno (contributor); Gómez, Fernando (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001697195

Punish once or punish twice : a theory of the use of criminal sanctions in addition to regulatory penalties

Garoupa, Nuno; Gómez, Fernando - In: American law and economics review : the journal of the … 6 (2004) 2, pp. 410-433

Persistent link: https://www.econbiz.de/10002162665

Cashing by the hour : why large law firms prefer hourly fees over contingent fees

Garoupa, Nuno; Gómez, Fernando - In: The journal of law, economics, & organization 24 (2008) 2, pp. 458-475

Persistent link: https://www.econbiz.de/10003761458

Cashing by the Hour : Why Large Law Firms Prefer Hourly Fees Over Contingent Fees

Garoupa, Nuno - 2010

Large law firms seem to prefer hourly fees over contingent fees. This article provides a moral hazard explanation for this pattern of behavior. Contingent legal fees tend to align the interests of the attorney with those of the client but not necessarily with those of the partnership. We show...

Persistent link: https://www.econbiz.de/10012715709