A contingency fee is the most typical fee used by lawyers in personal injury cases and is important to understand before the start of your case.
A contingency fee is an agreement between you (the client) and a lawyer where the lawyer agrees to accept a set percentage of the recovery of your case as the lawyer’s fee. The recovery in a case is the final amount paid out to the client at the conclusion of the case. (In a typical car wreck case, this is the amount paid out by the insurance company). If your case results in a recovery (you win the case), the lawyer is paid a percentage of the recovery. This percentage of the recovery is the lawyer’s fee for the case. If you do not recover in your case (you do not win), the lawyer is not paid for working on your case.
When a contingency fee is used, your lawyer is only paid if you win your case.
Our firm always uses contingency fees in personal injury cases, so we do not get paid unless we win for you. If you have questions about how contingency fees work I am happy to answer them. Feel free to contact me anytime.
Attorney Wil Alexander is a personal injury attorney advocating for individuals who have been injured, helping make sure their rights are protected.
Attorney Wil Alexander wants to keep you up to date with new legal developments and other news. Please be advised these blog posts do not constitute legal advice and you should always consult a lawyer with your legal questions.