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Home >  Events >  What Do We Know about Contingency Fees?
What Do We Know about Contingency Fees?
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Start:  Wednesday, September 22, 2004  2:00 PM
End:  Wednesday, September 22, 2004  4:00 PM
Location:  Wohlstetter Conference Center, Twelfth Floor, AEI
1150 Seventeenth Street, N.W., Washington, D.C. 20036
Directions to AEI

Critics of the U.S. tort system often argue that the contingency fee system provides incentives for excessive litigation.  Many of the criticisms and suggested policy reforms are based, however, on anecdotal evidence, rather than on systematic study of the contingency fee system. While capping contingency fees is still one of the most favored reforms, research by Alexander Tabarrok and Eric Helland suggests that rather than solving the "crisis," the caps increase the number of frivolous lawsuits.  Further research by Jonathan Klick and Helland suggests that in federal class action suits judges in busier districts tend to allow higher attorney fees in an attempt to expedite the resolution of the case.  Theodore Eisenberg and Lester Brickman will respond.

1:45 p.m.

Registration

     
2:00 Presenters: Jonathan Klick, AEI and Florida State University College of Law
    Alexander Tabarrok, George Mason University
  Discussants: Theodore Eisenberg, Cornell University Law School
    Lester Brickman, Benjamin N. Cardozo School of Law
     
4:00

Adjournment

Available in Adobe Acrobat PDF format.

More Information
Michael Petrino
American Enterprise Institute
 1150 Seventeenth Street, N.W.
Washington, DC  20036
USA
Phone: 202-862-5800
Fax: 202-862-7171
E-mail: MPetrino@aei.org

Media Inquiries
Veronique Rodman
American Enterprise Institute
 1150 Seventeenth Street, N.W.
Washington, DC  20036
Phone: 202-862-4870
E-mail: VRodman@aei.org
AEI Print Index No. 17373


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Speaker biographies
Klick's presentation  
Tabarrok's presentation  
Related Links
Liability Project