FIN 240 Chapter Notes - Chapter 3: W. M. Keck Observatory, Affirmative Defense, Summary Judgment
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Can have a significant impact on a persons ability to pursue a legal claim. Provide a framework for every dispute and specify what must be done at each stage of the litigation process. Federal rules of civil procedure (frcp) - rules controlling procedural matters in civil trials brought before the federal district courts. Party hires a lawyer, who files a complain and notifies the defendant. Defendant"s attorney files an answer or a motion to dismiss. Trial and perhaps post-trial motions and/or an appeal. Fixed fees - may be charged for the performance of such services as drafting a simple will. Hourly fees - may be charged for matters that will involve an indeterminate period of time. Contingency fees - fixed as percentage of a client"s recovery in certain types of lawsuits. Attorney is required to pursue a resolution of the matter on the client"s behalf.