Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

WHAT IS CONTINGENCY FEE?

0
Posted

WHAT IS CONTINGENCY FEE?

0

Q. What is a contingency fee? A. A contingency fee is one where the lawyers get paid only if you recover money damages. The fee is a percentage of the recovery. Q. What will it cost to speak with a lawyer? A. At our firm you get a free initial consultation. It will cost you nothing to speak with us regarding your potential claim. Q. How much is the percentage? A. A contingency fee can be any percentage as long as it is fair. Fairness is determined by the complexity of the individual case. Typically, contingency fees are from 1/3 – 40% of the total recovery. Q. Does the contingency fee also include expenses? A. No. Expenses are separate from the fee. The fee is for the time and knowledge of the lawyer. The expenses are the costs to pursue the claim. Q. How much are the expenses in a typical case? A. Expenses vary depending on the size and complexity of the case. Expenses typically range from $50 to $500 for a case which is settled with the insurance company before a lawsuit is filed. If

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123