The Courts Have Given Guidance on the Level of Success

question 1

Multiple Choice

The courts have given guidance on the level of success fee payable by a client in a CFA personal injury action. Which of the following is the correct level of success fee?

• A) 25% of base costs.
• B) £35% of the damages awarded.
• C) 100% of base costs.
• D) Any fee is allowable provided it is reasonable and proportionate to the amount recovered
• E) Up to 100% of base costs but that figure cannot exceed 25% of the damages awarded excluding future care claims and net of benefits received

---

Definitions:

Psychic Energy

A concept in psychoanalytic theory referring to the energy generated by the unconscious mind that can be directed into various psychological activities or behaviors.

Predictive Utility

The ability of a theory, model, or measurement to accurately forecast or anticipate future events or behaviors based on current data or observations.

Parsimonious

Favoring simplicity and minimalism, especially in explanations that involve the least number of assumptions.

Outcome Expectations

These are beliefs about the expected results of one's behavior, which can influence motivation and action in both social cognitive theory and behavioral psychology.