Firms Find Appeal In Modified Contingency Fees

Law360, New York (June 21, 2006, 12:00 AM EDT) -- While the promise of a huge payout can entice some law firms to take patent cases on a contingency fee basis, more and more law firms are opting for a modified-and less risky- version of this practice, insiders say.

For small companies trying to defend their intellectual property, money can often be a problem when trying to recruit a top-notch litigator to confront infringers.

Under a contingency fee plan, the lawyers’ fees are completely tied to the outcome of the case, allowing businesses that might not...
To view the full article, register now.