Contingent fees and legal expenses insurance : Comparison for varying defendant fault

Friehe, Tim

Contingent fees and legal expenses insurance : Comparison for varying defendant fault

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Datum

2010

Publikationstyp

Zeitschriftenartikel

Publikationsstatus

Published

Erschienen in

International review of law and economics. 2010, 30(4), pp. 283-290. Available under: doi: 10.1016/j.irle.2010.07.002

Zusammenfassung

This paper studies the impact of varying defendant fault on the comparison of litigation outcomes under the contingent fee regime and the legal expenses insurance regime. The criteria for regime comparison are: (i) expected plaintiff payoffs, (ii) plaintiff and defendant expenditures, (iii) total contest effort, (iv) incentives for delegation, and (v) justice. We find that the performance of both regimes is highly dependent on defendant fault and this serves to sharpen the analysis to current literature.

Fachgebiet (DDC)

330 Wirtschaft

Schlagwörter

Contingent fees, Legal expenses insurance, Hourly fees, Litigation contest

Zitieren

ISO 690

FRIEHE, Tim, 2010. Contingent fees and legal expenses insurance : Comparison for varying defendant fault. In: International review of law and economics. 2010, 30(4), pp. 283-290. Available under: doi: 10.1016/j.irle.2010.07.002

BibTex

@article{Friehe2010Conti-1828,
  year={2010},
  doi={10.1016/j.irle.2010.07.002},
  title={Contingent fees and legal expenses insurance : Comparison for varying defendant fault},
  number={4},
  volume={30},
  journal={International review of law and economics},
  pages={283--290},
  author={Friehe, Tim}
}

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