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Prof. Joe Grundfest and attorney Joel Fleming on Delaware contingency fees

Shareholder Primacy

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Contingency Fees in Delaware: Multipliers and Implications

This chapter analyzes the complexities of attorney contingency fees within Delaware's legal system, emphasizing the significance of fee multipliers in judicial awards. It explores the methodology for calculating multipliers using the lodestar approach, and the risks attorneys face with contingency cases. The discussion also includes a comparison of contingency fee practices between Delaware and federal courts, particularly highlighting notable cases and the implications of recent rulings.

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