GW Law Faculty Publications & Other Works

Document Type

Article

Publication Date

2004

Status

Working

Abstract

Lester Brickman's article establishes that the market for contingent fee lawyers is unusual, perhaps even bizarre. By removing legal impediments to the solicitation of clients, by unleashing the capital markets to finance legal claims, and by allowing intermediaries to match client and counsel, we could produce competition. Brickman has convinced me that there is little competition in contingency fee markets, and that such markets could be much more competitive. But I am not sure there is as little competition as he thinks, or that the changes in legal regimes he proposes would be sufficient to make the markets more competitive.

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