Settlement implications of lawyer advertising

Tim Friehe, Yannick Gabuthy () and Eve-Angéline Lambert ()
Additional contact information
Tim Friehe: Philipps Universität Marburg = Philipps University of Marburg, Ifo Institute, EconomiX - EconomiX - UPN - Université Paris Nanterre - CNRS - Centre National de la Recherche Scientifique
Yannick Gabuthy: BETA - Bureau d'Économie Théorique et Appliquée - AgroParisTech - UNISTRA - Université de Strasbourg - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
Eve-Angéline Lambert: BETA - Bureau d'Économie Théorique et Appliquée - AgroParisTech - UNISTRA - Université de Strasbourg - Université de Haute-Alsace (UHA) - Université de Haute-Alsace (UHA) Mulhouse - Colmar - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement

Post-Print from HAL

Abstract: This paper explores how informative attorney advertising influences the settlement probability and/or offer, using a screening framework. Plaintiffs are privately informed about the expected judgment and their level of ability in controlling the lawyer. More attorney advertising increases case filings by plaintiffs with high or low ability to different extents such that the defendant's beliefs about the plaintiff's type change with the level of attorney advertising. How attorney advertising influences settlement outcomes then depends on whether the defendant offers a higher settlement offer to more able plaintiffs.

Keywords: Attorney advertising; Litigation; Plaintiff heterogeneity; Updating (search for similar items in EconPapers)
Date: 2020-03
References: Add references at CitEc
Citations:

Published in International Review of Law and Economics, 2020, 61, pp.105870. ⟨10.1016/j.irle.2019.105870⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04678002

DOI: 10.1016/j.irle.2019.105870

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().