Some consumer advocates argue that attorneys' high contingency fees-sometimes reaching 40 percent-unfairly deprive winning plaintiffs of too much of their awards. Should the government cap contingency fees at, say, 20 percent of the award? Why or why not? Cross, Frank B ... The Legal Environment of Business: Text and Cases (p. 67). Cengage Learning. Kindle Edition.

Question

Social Studies

Kyler Marsh

18 October, 16:04

Some consumer advocates argue that attorneys' high contingency fees-sometimes reaching 40 percent-unfairly deprive winning plaintiffs of too much of their awards. Should the government cap contingency fees at, say, 20 percent of the award? Why or why not? Cross, Frank B ... The Legal Environment of Business: Text and Cases (p. 67). Cengage Learning. Kindle Edition.

+1

Answers (1)

Know the Answer?

Cordell · Answer 1

Answer: Yes. Government should cap Legal Contigency Fee to protect plaintiff from huge and outrageous payments from awards granted or won via court cases.

Explanation: Contingency Fees are charges paid by plaintiffs for legal cases won. Huge attorney's contingency fees that can sometimes be up to 40% however deprive plaintiff of the bulks of the awards granted. This is a demotivating case as such

Plaintiffs are denied maximum enjoyment of their hard-earned awards.