The Advantage of a Contingency Fee System Is That Low-Income

question 62

True/False

The advantage of a contingency fee system is that low-income plaintiffs are not barred from litigation because of inability to pay legal fees.

---

Definitions:

Failure Stage

A phase in the lifecycle of a business or project characterized by a significant decline in performance, potentially leading to cessation of operations.

Failure Rate

The proportion or frequency at which an event, such as an error or breakdown, occurs within a specific period or among a specified set of entities.

Strategic Leadership

Leadership that involves making decisions that enhance the prospects for long-term success of the organization, while maintaining financial stability.

Succession Plan

A strategy devised by organizations to identify and develop individuals to fill key leadership positions in the future, ensuring continuity and minimizing disruptions.