Law.com - Reed Smith Takes Chance on Contingent Fee Case -- and It Pays Off
This is an interesting article, because it shows there can be significant upsides to taking a case on contingency. One thing that is not discussed to any great degree is the international aspects of some of the cases mentioned. For example, if the Belgian case mentioned used the Euro as the reference currency for damages, the US firms did even better because of the enormous increase in value of the Euro against the Dollar. So, there might have been another bonus in the case.
Tuesday, April 8, 2008
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