PT60 Reading Comprehension Q25
Posted: Sun Nov 25, 2012 6:26 pm
I cannot for the life of me see why the answer is B and not A.
The whole idea of the contingency fee is that lawyers don't get paid a portion of the awarded damages, they get paid their regular fee plus an extra percentage of that fee if they win.
It seems to me that gaining disproportionately means the client being awarded 100 million dollars in damages (after suffering 100 million dollars worth of damages) and the lawyer getting payed 2% of that, despite his normal fee amounting to only 20,000 dollars for the trial. The LRCWA doesn't want that to happen - ie. they don't want the lawyer receiving payment that is of greater monetary value than the legal services rendered.
The whole idea of the contingency fee is that lawyers don't get paid a portion of the awarded damages, they get paid their regular fee plus an extra percentage of that fee if they win.
It seems to me that gaining disproportionately means the client being awarded 100 million dollars in damages (after suffering 100 million dollars worth of damages) and the lawyer getting payed 2% of that, despite his normal fee amounting to only 20,000 dollars for the trial. The LRCWA doesn't want that to happen - ie. they don't want the lawyer receiving payment that is of greater monetary value than the legal services rendered.