Question

Suppose a plaintiff hires a lawyer to represent her in a court case. The lawyer will receive a share of the settlement if the plaintiff wins. Under this contract A. the risk is shared. B. the lawyer bears all of the risk. C. efficiency cannot be achieved. D. the client bears all of the risk.

Answer 1

The risk is shared between the plaintiff and the lawyer.

Step-by-step explanation:

The subject of the question is law.

Suppose a plaintiff hires a lawyer to represent her in a court case. If the lawyer will receive a share of the settlement if the plaintiff wins, this type of contract means that the risk is shared between the plaintiff and the lawyer. Both parties have a stake in the outcome of the case.

For example, if the plaintiff wins the case and receives a settlement, the lawyer will also receive a portion of that settlement. On the other hand, if the plaintiff loses the case, the lawyer will not receive any payment. This arrangement ensures that both the plaintiff and the lawyer have an incentive to work towards a favorable outcome.

Answer 2

Answer B

Step-by-step explanation:

Plaintiff attorney is the last resource for the damaged or injured party, that he/she can turn to. They usually represent those who suffered as a result of someone else's negligence and in the process cover all the costs and expenses of the trial. They cover all the financial costs in exchange of portion of Final verdict or settlement.