What is a contingency fee?
A contingency fee is a fee the Attorneys of Holley, Rosen & Beard, Attorneys at Law, use in 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 refers to the words “there is no fee unless we win your case.
A contingency fee is an industry standard fee that is applied to personal injury cases and is dependent upon the successful resolution of your case. A contingency fee is a percentage of the monetary recovery obtained by counsel on a client’s behalf and is only paid if and when counsel is successful in obtaining monetary recovery, whether through settlement or litigation. The industry-standard contingency fee is about one third of the awarded settlement. A contingency fee is the form of payment earned by a lawyer when he or she states that “there is no fee unless we win your case.” Florida personal injury Attorney David I. Fuchs uses contingency fees for his personal injury cases and will not charge you for services rendered unless you are awarded monetary recovery.
A contingency fee is a legal fee which is dependent upon the successful outcome of a claim. Most attorneys who specialize in personal injury matters utilize a contingency fee agreement because injured clients often cannot afford to pay an attorney for services rendered on an hourly basis. Under a contingency agreement, if there is no recovery, no fee is received.
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 successful 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 a recovery”.
Most attorneys handle personal injury cases on a contingency basis, meaning that the client does not pay attorney’s fees unless there is a recovery. The contingency fee is based upon a flat percentage of any award, whether by verdict or settlement, and is agreed upon before the litigation process takes place. At the Foley Law Firm, we provide our clients and prospective clients with straightforward information about fees during their initial consultations. All fee agreements will be put in writing prior to filing a claim so that clients will not be faced with any “hidden” fees at the conclusion of the case. Aside from the attorney’s fees, there may be other fees for which clients are responsible, depending on the circumstances of the case and the type of claim being filed. To schedule an evaluation of your specific case, please contact the Foley Law Firm today.
