What is a contingency fee?
A contingency fee is a legal fee which is dependent upon the successful outcome of a claim. Most attorneys who specialize in bodily injury claims utilize a contingency fee agreement because injured clients often cannot afford to pay an attorney for service rendered on an hourly basis. If there is no recovery, we receive no fee.
A contingency fee benefits you. Most personal injury lawyers use this arrangement. It is contingent in that you do not pay ANY fee or expenses unless we successfully recover for you. You do not pay any up-front fees or expenses. Only at the conclusion of a successful case, and from the clients award, we collect our fee and expenses.
A contingency fee is a legal fee which is dependent upon the successful outcome of a claim. Most attorneys who specialize in bodily injury claims utilize a contingency fee agreement because injured clients often cannot afford to pay an attorney for service rendered on an hourly basis. The ultimate damage recovery provides a fund from which the attorneys’ fees are paid. If there is no recovery, we receive no fee. Contingency fees are open to negotiation between attorney and client; however, in certain types of cases (claims on behalf of children, claims against health care providers, claims against the Federal Government, etc.) maximum fee limits are established by statute. Contingency fee agreements must be in writing signed by both the attorney and the client.
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 we 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.
