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Contingent Fee Intake Guidelines

By Michael E. Mooney

Taking on a contingent fee case holds the promise of substantial financial benefit for your firm. It also holds substantial economic risk. Therefore, in deciding whether to accept a contingent fee case, your firm should approach this issue as it would any other decision regarding an investment of the firm's resources. It can do this best by adopting clear guidelines on the intake and management of contingent fee cases, including not only definitive standards by which the firm determines the risks and rewards of accepting the matter, but also a process for periodic review and monitoring as well.

Intake Guidelines

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