Kirstein, Roland (contributor); Rickman, Neil (contributor) - 2001 - [Elektronische Ressource]
This paper analyzes the impact of FORIS contracts on litigation and settlement decisions using a simple divergent …-expectations model. A FORIS contract introduces contingent fee arrangements under the British legal cost allocation rule: the plaintiff … pays a percentage of his settlement or trial returns to FORIS and obtains coverage for trial costs in case he loses in …