Question

Some consumer advocates argue that attorneys’ high contingency fees—sometimes reaching 40 percent—unfairly deprive winning plaintiffs of too much of their awards. Should the government cap contingency fees at, say, 20 percent of the award? Why or why not? Cross, Frank B.. The Legal Environment of Business: Text and Cases (p. 67). Cengage Learning. Kindle Edition.

Answer 1

Answer: Yes. Government should cap Legal Contigency Fee to protect plaintiff from huge and outrageous payments from awards granted or won via court cases.

Explanation: Contingency Fees are charges paid by plaintiffs for legal cases won. Huge attorney's contingency fees that can sometimes be up to 40% however deprive plaintiff of the bulks of the awards granted. This is a demotivating case as such

Plaintiffs are denied maximum enjoyment of their hard-earned awards.