What is a Contingency Fee?
According to the American Bar Association (ABA), a contingency fee is a fee arrangement between a client and their lawyer in which the lawyer is paid out of any damages that are awarded. That is to say that the fee is paid to the lawyer only if the case is won.
What is a Contingency Fee?
A contingency fee directly contracts an arrangement such as a fixed hourly rate in which lawyers are paid regardless of the outcome of their case. Contingency fees typically do not include any up-front payments, while other fee arrangements do. Contingency fees are particularly common in personal injury cases. In those cases, if a lawyer successfully represents their client and wins their case, they receive a percentage of the damages awarded to their client. The ABA estimates that lawyers typically receive between one-fourth to one-third of the damages in these cases. So if a plaintiff sued a defendant and won $1,000, the lawyer would receive between $250 and $333. However, this is not a rule, and some lawyers may operate on a higher contingency.
In concept, contingency-based-fees allow for more people to have access to lawyers and justice. When paying on a contingency, they don’t need to spend money up-front on a case they may not even win, though there may be other fees to be paid. Lawyers may also have incentive to give the best representation possible in cases where their payment is outcome-based, although some suggest that they may lead to some lawyers settling cases too early.
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Towanda Personal Injury Lawyer
Accidents happen daily, but that doesn’t mean the victims should shoulder the financial burdens of someone else’s negligence. Serving Towanda, the personal injury lawyers of Munley Law handle a wide range of accident claims,
helping victims recover compensation for their medical bills, lost wages, property damage, pain and suffering, and more. With a commitment to quality client service, our lawyers handle the most complex cases and represent injured victims.
With multi-million dollar recoveries for clients, Munley Law is the firm to call when you’re injured. Call today for a no-obligation consultation.
Towanda Personal Injury Cases Our Attorneys Handle
Our comprehensive, full-service law firm handles the following personal injury cases in Towanda.
Car Accidents
In 2022, the Pennsylvania Department of Transportation reported over 500 car accidents in Bradford County alone. […]
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How to Choose the Right Lawyer for Your Allentown Catastrophic Injury Case
If you or a loved one has suffered a catastrophic injury in Allentown, Pennsylvania, you may be facing overwhelming physical, emotional, and financial challenges. In such a difficult time, having the proper legal representation on your side is crucial–this is where an Allentown catastrophic injury lawyer comes in. With their knowledge, experience, and dedication, they can help you navigate the complex legal process and fight for the compensation you deserve. But with so many Allentown catastrophic injury lawyers, how do you know who is the right fit for your case?
What is a Catastrophic Injury?
Catastrophic injuries can have a life-altering impact on individuals and their families. Understanding what constitutes a catastrophic injury is crucial when seeking legal representation in Allentown, Pennsylvania. Catastrophic injuries encompass a wide range of severe injuries that often result in long-term or permanent disability, extensive medical treatment, […]
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What Is a Coup-Contrecoup Brain Injury Following a Philadelphia Accident?
Coup-contrecoup brain injuries occur when a sudden impact or rapid movement causes the brain to hit one side of the skull and then the opposite side. Even mild head injuries can cause lasting brain damage. A traumatic brain injury lawyer can help secure compensation for the physical, emotional, and financial impact of such injuries.
At Munley Law, our Philadelphia brain injury lawyers handle all types of brain injury cases, including those causing permanent impairment. If you or a loved one has suffered a coup-contrecoup injury in a Philadelphia accident, contact us for a free consultation.
What Is a Coup-Contrecoup Brain Injury?
A coup-contrecoup brain injury is when two injuries happen simultaneously; independently, these injuries are known as “the coup” and “the contrecoup.” The impact that the injury has on the brain depends on where the origination is:
- Frontal Lobe: This center is responsible for reasoning, […]
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Hit and Run Car Accidents in Scranton, PA
In the wake of a hit and run accident, victims are often left with more questions than answers. The physical and emotional trauma can be overwhelming, and the legal complexities that follow can add to the stress. This is where a dedicated car accident lawyer in Scranton becomes invaluable. A skilled attorney can navigate the legal labyrinth, fighting for your rights and working tirelessly to secure the compensation you deserve.
At Munley Law, we believe in a client-centered approach. From the moment you reach out to us, we’re committed to providing you with comprehensive legal support. Our Scranton car accident attorneys are available around the clock, ready to answer your questions, address your concerns, and guide you through the legal process. We handle everything from collecting evidence and filing claims to negotiating with insurance companies and representing you in court.
Why You Need a Scranton Car Accident Attorney
The aftermath of a hit and run accident can be complex and stressful. […]
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Kentucky Truck Accident Lawyer
Kentucky’s roads are no stranger to long-haul trucking. Major interstates like I-64, I-65, I-71, I-75, and I-24 connect
essential cities and states and see much trucking activity. Highways and parkways like the Bluegrass Parkway, Western Kentucky Parkway, and Cumberland Parkway are also well-traveled for regional logistics.
With so many trucks on the road, accidents are bound to happen. Because of all the details involved with commercial vehicle accidents, getting fair compensation can be complicated if you or a loved one is injured in a truck accident in Kentucky.
Building a solid case involves thorough investigation, understanding trucking regulations, and sometimes recreating the accident scene. Insurance companies often try to settle for as little as possible, so knowing your rights is essential. This is where the expertise of a personal injury lawyer specializing in truck accidents comes into play.
About Our Truck Accident Law Firm
At Munley Law, […]
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