The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.
LAWYERS WORKING ON CONTINGENCY RARELY COMPETE ON PRICE: STUDY
- Lawyers who work on a contingency fee basis in New York City do not compete on price, according to the results of a new study. Almost all contingent fee lawyers charge the maximum amount allowed by law – 33%. The study looked at cases in New York City, because a law in the city requires lawyers to disclose data about contingent fee settlements. Fewer than 1% of contingent fee cases actually go to trial, according to the study.
INDIVIDUALS TURNING MORE PESSIMISTIC ABOUT THEIR FINANCIAL SITUATION
- Slightly more individuals expect not to be able to make their debt payments a year from now, according to data released yesterday by the Federal Reserve Board of New York. The number of people who say they will not be able to make a debt payment a year from now – 12.17% in July, was up from 12.03% in June, but down from 14.06% a year ago. Fewer people also expect their financial situation to be “much better off” or “somewhat better off” a year from now.
WORTH NOTING: Bill Gates made a $4.6 billion donation …CEOs did not like President Trump’s response to the white supremacist rallies in Virginia during the weekend … Serena Williams is the highest-paid female athlete in the world … Why you shouldn’t look at the number of calories to determine is a food is healthy or not … How free samples make people buy more. A lot more … Having a lot of debt will not help your dating and social life … Here are 20 truths about billionaires that nobody understands … The most important and powerful question to ask in a job interview, and how the top candidates answer … One in five people work in a “hostile or threatening” work environment, according to the results from a survey … Cracking the dress code for flying.
The four most common signs that your relationship is failing, and how to fix them
A frequent question from my kids that I’ve never been able to answer, until now
The Daily Digest is sponsored by TCN, a leading provider of cloud-based call center technology for enterprises, contact centers, BPOs, and collection agencies worldwide.