A contingent fee is a payment made to a lawyer only when that lawyer handles a case successfully. If you pursue a case and lose, you are not required to pay an attorney any fees.
Contingency-fee payment structures are common in personal injury law. In fact, if you hire a personal injury lawyer from our firm, we will work with you on a contingency-fee basis.
Benefits of a Contingent Fee Arrangement
When a lawyer takes a case and charges a contingency fee there are benefits such as:
- No upfront cost to the client
- Less financial risk in pursuing a case
In many cases, a lawyer or law firm will charge by the hour or require a flat fee before casework begins. Such costs can be hard to stomach if you are already struggling with the financial aftermath of an accident. Paying your lawyer on a contingency-fee basis is an option that can make it possible for families to pursue justice even when the other side may have more money and resources.
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(888) 585-2188
How a Lawyer Collects a Contingent Fee
A contingent fee can be collected at the end of the case, once it is successfully settled. That is why they are common in personal injury cases.
In a personal injury case, someone pursues compensation because they believe that someone else’s negligence has caused harm to them or their loved one. If a settlement can be reached or if their case is successful in court, they can receive a significant sum of money. This money can help plaintiffs pay medical bills, make up for any wages they lost due to their injuries, and compensate them for the pain and suffering they have experienced.
That settlement also helps them pay their lawyer. Our team takes a percentage of your settlement and reserves it for the attorney who successfully tried the case. This percentage can vary based on the lawyer and the complexity of the case, but it is agreed upon beforehand and clearly laid out to you.
Such an arrangement generally works out well for the person pursuing a lawsuit and their legal team. The attorney receives payment for their time and work, and the client receives the compensation that they deserve.
Why Contingent Fees Are Common in Personal Injury Cases
A contingency-fee arrangement is especially common in personal injury cases for a few reasons. A potential client is likely to have already witnessed some expensive bills pile up, making it harder for them to pay for a lawyer upfront. At the same time, they might think that they do not have a chance at winning due to the greater power they perceive the other side to have.
If we take a look at some examples of personal injury cases, we can see why a contingency-fee arrangement tends to be one of the best ways to ensure that survivors and their families can pursue justice:
Motor Vehicle Accidents
If you are filing a case after an accident with a car, truck, or other motor vehicle, you may be facing expensive medical bills. Until you’ve received compensation to pay you back for these expenses, all accident-related costs are coming out of your pocket. With a contingency-fee agreement, you do not have to add an additional expense to your case.
It’s expensive to care for your injuries and get your car fixed. We do not wish to add to your financial burden with hefty legal fees.
Slip and Fall Accidents
If you are injured in a slip and fall accident in a store or another establishment, you may think that there is no way to challenge a big business and win. A contingent fee arrangement makes it less risky to pursue a case and gives you the chance to make things right.
Therapist Abuse
A therapist is supposed to be someone that you can trust. They have to follow strict codes of ethics and they are meant to help a patient work through their issues in a safe space. One that abuses that trust should be held responsible, but pursuing a case can seem difficult if you do not have a lot of money to spend. This is another scenario in which a lawyer who charges a contingent fee can help.
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Pursuing a Case of Your Own With Jenner Law
If you have a personal injury case to pursue, our team can work with you on a contingency-fee basis. Contact Jenner Law today and receive a free case consultation. We would be happy to answer any questions that you have about our fees and how we can assist you with your case.
Call or text (888) 585-2188 or complete a Free Case Evaluation form