A payment arrangement between an attorney and a plaintiff, in which the plaintiff agrees to pay a certain lump-sum amount at the outset and no more in the future, regardless of how the case develops is called:
A)contingency fees.
B)capitation fees.
C)liquidation.
D)one-time settlement.

Question

Quizplus · Accepted Answer

This payment arrangement is known as capitation fees, which is a fixed, upfront amount paid to the attorney by the plaintiff to cover all legal expenses regardless of the case outcome. It is different from contingency fees, where the attorney receives a percentage of the settlement or judgment in the plaintiff's favor. Liquidation is the process of selling assets to pay off debts, and a one-time settlement refers to a single lump-sum payment to resolve an entire debt or lawsuit.

A Payment Arrangement Between an Attorney and a Plaintiff, in Which