What is a contingency fee?
Contingent fee arrangements in civil cases have long been commonly accepted in the United States, and may in fact be the only practical means by which an individual with a claim can afford to obtain the services of a competent lawyer. “Contingent” means an attorney only collects if there is some type of recovery for the client, typically a settlement or jury award. If nothing is recovered for the client, no fees are paid the attorney. The attorney is compensated for the legal work performed by taking a certain agreed percentage or amount from the recovery, regardless of the time or effort involved. This does not mean that the litigation is risk-free. Expenses, such as expert witness fees or copying charges for medical records, are commonly not covered by contingent fee arrangements and must be paid by the client irregardless of the outcome of the lawsuit. Depending on the nature of the case, expenses can easily run into several thousands of dollars. Colorado law requires that before en
A contingency fee is a method of compensation that is used by attorneys in most injury cases. The fee that you owe your attorney is contingent or only required to be paid if your attorney obtains money for you. A contingent fee is paid as a percentage of your monetary recovery. A contingent fee is what is meant when you hear “no fee unless we recover money for you.” However, the client is generally responsible for the out-of-pocket costs of litigation. Contingency fees are negotiable and usually one third of what you recover from the responsible party.
A contingency fee is a fee that is used by lawyers in most personal injury cases. It is contingent when the fee is conditioned upon your attorney’s successfully resolution of your case. A contingent fee is paid as a percentage of your monetary recovery. A contingent fee is what is meant when you hear “there is no fee unless there is recovery”. The client is generally responsible for the out-of-pocket costs of litigation. Contingency fees are usually one third of what you win from the case.
A contingency fee is a fee that is used by Webb & Zagoria, LLC, in most personal injury cases and is dependent upon the successful resolution of your case. A contingency fee is paid as a percentage of your monetary recovery; typically it is one third of the awarded settlement. A contingency fee is what is meant when you hear “there is no fee unless we win your case.
Most of our cases involving personal injuries, including medical malpractice are handled on a contingency fee basis. A contingency fee agreement means that we are paid only if we are successful in obtaining a monetary recovery in the pursuit of your case. We typically will be paid 1/3 of the monetary amount awarded. If the case is lost, and no money is awarded, you do not owe us any legal fees for our time.
