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: Richmond Virginia Personal Injury LawyerContingency Fee Commercial Litigation
By Michael Phelan
For generations, the hourly billing business model for law firms has forced plaintiffs involved in commercial litigation to pay attorneys by the hour regardless of the outcome of the litigation. A better business model for plaintiffs seeking to hire counsel to initiate business litigation may involve contingency fees, fixed legal fee pricing or a combination of a diminished hourly rate and a partial contingent fee. According to a recent article in LawyersUSA, law firms that are willing to share with the client the risks of commercial litigation are few and far between.
Our contingency commercial litigation division is composed of lawyers who have been designated among the "Legal Elite" by Virginia Business Magazine and honored in the "Best Lawyers in America" and "Virginia Super Lawyers."
Full post as published by Richmond Virginia Personal Injury Lawyer on February 04, 2008 (boomark / email).
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