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imbellish

11/30/23 8:09 AM

#776300 RE: JOoa0ky #776299

Stockholder lawsuits are kind of unique in this way. Generally lawyers are not paid out unless and until they win their litigation, in order to mitigate frivolous suits.

Skin in the game.

LuLeVan

11/30/23 8:18 AM

#776301 RE: JOoa0ky #776299

I just compared it to legislation in other countries.

Donotunderstand

11/30/23 11:21 AM

#776358 RE: JOoa0ky #776299

I agree but that may be too gross a description

One can negotiate a contingent arrangement so that the client pays ZERO but maybe the lawyers get their fees paid and 35% if there is a win

Just one more example

My sense is tons are negotiable to include if you the plaintiff do not want to pay one cent on a loss - you can juice what the lawyers get for a win and a smart version - (to 'disincent' attorneys from settling too low is to offer a much lower contingency share to lawyer on low dollar wins and increase the % as wins get dollar bigger)