One Reason That Lawyers Might Prefer a Contingent Contract When

question 53

Multiple Choice

One reason that lawyers might prefer a contingent contract when representing a plaintiff in a tort case is that

• A) lawyers are risk neutral.
• B) diversification of many cases allows lawyers to reduce risk.
• C) lawyers are typically confident about winning every case.
• D) hourly rates for lawyers are usually very low.

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Definitions:

Unionized Worker

An employee who is a member of a labor union or covered by a collective bargaining agreement.

Disciplinary Meeting

A formal meeting between an employee and management to discuss breaches in conduct or performance issues.

Nonmanagerial Decision Maker

An individual within an organization who is responsible for making decisions that affect day-to-day operations but does not hold a managerial position.

Grievance Filings Rates

The frequency at which formal complaints are submitted by employees or unions against employers or working conditions.