The Center for Justice & Democracy recently released a report entitled, Courthouse Cornerstone: Contingency Fees & Their Importance for Everyday Americans. The study provides a helpful overview of these fee arrangements, explaining what they are, how they came about, their purpose, and the way that these agreements are used to ensure open access to the justice system. Many residents do not appreciate the value provided by this structure, and it is worthwhile to emphasize the critical role it plays in holding negligent parties accountable for paying for the consequences of their actions.
What It Is
The civil justice system has a cost. Court fees must be paid to keep the operations of the system running. Attorneys must be paid, as the work is their source of personal income. Litigation itself has a cost, as traveling to depositions, compensating expert witnesses, copying documents, and similar steps all must be handled.