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What is a contingency fee basis?

basis Contingency fee
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What is a contingency fee basis?

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A contingency fee basis is an option available to clients where they need not pay any money upfront. Payment is also not required if the personal injury claim or litigation turns out to be unmeritorious. Contingency attorneys bank on their arbitration, court skills and knowledge in order to win a claim or lawsuit. If they are inefficient as counsel, they will not receive payment from you. By agreeing to a contingency fee basis, attorneys cannot charge the client until they have settled his personal injury claim or litigation. Contingency attorneys in Chicago deduct their fees from the money recovered out of the personal injury claim or litigation. The initial consultation to the contingency attorneys in Chicago is also free. You do not pay ? perpetrators do. Simply stated, it means you pay only when you win your claim or cause. However, contingency fee basis is only binding upon the lawyer and the client. This means that other legal expenses such as the filing fee, service of process,

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