EMPOWERgmatVerbal KarishmaB generis pikolo2510 nightblade354Please help with my argument understanding and PoE.
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Which of the following, if true, would most strengthen the prediction above?
There is a prediction in argument that I need to strengthen.
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More and more law firms specializing in corporate taxes are paid on a contingency-fee basis. Under this arrangement, if a case is won, the firm usually receives more than it would have received if it had been paid on the alternate hourly rate basis. If the case is lost, the firm receives nothing. Most firms are likely to make more under the contingency-fee arrangement.
Increasing amount of law firms are being paid on contingency-fee basis.
Author further goes on to explain what does
contingency-fee basis mean.
Case won = More $$$ / hour spent for case.
Case lost = 0 $
With this arrangement more $$$ for law firms.
So basically I am looking out for higher ratio of won vs lost cases.
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A. Firms that work exclusively under the hourly rate arrangement spend, on average, fewer hours on cases that are won than on cases that are lost.
Why I selected this?
Comparision is between time spent on cases that are won than those are lost.
Also it is mentioned that former cases (ie won) are more since
no of hours spent on these cases are fewer than ones spent on lost.
Clearly more $$$ for law firms.
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B. Some litigation can last for years before any decision is reached, and, even then, the decision may be appealed.
If decisions are delayed then profits are hampered for law firms. OUT
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C. Firms under the contingency-fee arrangement still pay their employees on an hourly basis.
Where is WON vs LOST ratio here? Irrelevant .
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D. Since the majority of firms specialize in certain kinds of cases, they are able to assess accurately their chances of winning each potential case.
I could not link underlined text to context of the argument.
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E. Firms working under the contingency-fee arrangement take in fewer cases per year than do firms working under the hourly rate arrangement.
hmm, cool. But are these cases won or lost?? We do not know, hence this choice is out.
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