Felsö, Flóra; Onderstal, Sander; Seldeslachts, Jo - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2015
We analyze a client's choice of contract in auctions where Dutch law firms compete for cases. The distinguishing feature is that lawyers may submit bids with any fee arrangement they prefer: an hourly rate, a fixed fee or a \mixed fee," which is a time-capped fixed fee plus an hourly rate for...