Contingency Fees

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  • 8/16/2019 Contingency Fees

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    • Contingency Fees : This means that the lawyer can take apercentage of the compensation amount.

    • Class Actions :Many people can come together and sue somebody.• Discovery : Lawyers can come to your premise and discover relateddocuments and use them to sue you.

    • Jury Trials : Generally use in criminal trials,but in the ! they are used forbusiness litigation too.• Punitive Damages : "f you in#ure me, " ll sue you $get compensation%,but if you do it with a criminal conduct the court slaps a punitive fees i.e acharge for malicious conduct, that goes to the plaintiff.• &American Rule” (on attorney fees) :The loser side does not have paythe attorney fees . "f the lawyer had agreed for contingency fees and loses,he will not be paid anything.

    There is a very low barrier to entry in the ! #udicial system, if you see thecontingency and 'merican (ule clauses.The combination of all these features makes litigations more popular in the

    !.

    )ut there are many other differences in the manner of working of the #udiciary in the two countries. !ome are as follows**