What information should a contingent fee agreement contain?

What will be an ideal response?


A written contingent fee agreement should include what the percentage is, and whether it
increases, depending on whether a recovery occurs at settlement or trial or after an appeal.
The agreement should express how the contingent fee is going to be calculated, whether
expenses will be deducted before or after the fee is calculated. The agreement should disclose
who is responsible for litigation expenses, and how they will be paid. The agreement should
disclose how and when the contingent fee will be made to the lawyer. And the agreement
should discuss methods to resolve any disputes that might arise over the contingent fee or the
agreement.

Business

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The board of directors of Irondale Corporation declared a cash dividend of $2.50 per share on 57,000 shares of common stock on June 14, 2010 . The dividend is to be paid on July 15, 2010, to shareholders of record on July 1, 2010 . The effects of the entry to record the declaration of the dividend on June 14, 2010, are to

a. decrease stockholders' equity and increase liabilities. b. increase stockholders' equity and increase liabilities. c. decrease stockholders' equity and decrease assets. d. increase stockholders' equity and decrease assets.

Business

Which of the following is a reason for the use of the matrix structure?

A. Its teams focus on many projects. B. It can better handle complex changes. C. Its structure is more closed and rigid. D. It decreases employee autonomy.

Business

A multisegment targeting strategy differs from a concentrated targeting strategy in that it:

a. selects one segment of a market with a goal to satisfy its members. b. faces a high potential cost from cannibalization of products. c. develops and maintains a common marketing mix for its products. d. results in sterile, unimaginative product offerings.

Business

What are the steps in Kurt Lewin's change process?

What will be an ideal response?

Business