How To Reduce Risk, Make More Money In Contingency Cases
By Stephen D. Susman, Susman Godfrey LLP (March 21, 2014, 11:55 AM EDT) -- Plaintiffs' attorneys working on a contingent-fee or fixed-fee basis are inherently taking a risk. In recent years, that risk has drastically increased with new mechanisms meant to keep cases out of court, such as enhanced pleadings requirements and mandatory arbitration. Those barriers, however, don't mean plaintiffs' attorneys should no longer embrace contingency fees. Instead, they have to work smarter and more efficiently, and that begins with properly evaluating cases for acceptance.
At Susman Godfrey, 80 percent of our revenue is from contingency fees. We've developed a case acceptance procedure that allows us to spot difficulties by not only asking the right...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!