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.
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.
More information about Contingency Fee
When is the Trucking Company Liable?
Know what criteria and laws fault trucking companies as the guilty party in a truck accident
If you or a loved one has been in a truck accident, chances are you are not sure whether or not the truck driver or the trucking company, or both, are ultimately responsible. Truck accidents are complex and multi-faceted; fault can range from broker liability to driver fatigue. Overwhelming, stressful events like this are best dealt with by consulting a truck accident lawyer who has a successful track record, and who has the resources and expertise to manage all the details of your particular case.
At Munley Law, our truck accident attorneys have decades of experience, are nationally recognized, and are experts at aggressively pursuing the justice and compensation that truck accidents deserve. Our team includes Daniel Munley and Marion Munley, nationally recognized as the top Pennsylvania trucking lawyers in the nation. […]
Read MoreMore information about Contingency Fee
What Are the Most Common Ways Truck Drivers Cause Crashes?
Truck Accidents Can Be Devastating. But What Causes Them to Occur?
Enduring the impact of a 50-foot, 80,000-pound commercial vehicle is one of the most traumatic things that can happen to you as a driver. Your injuries can devastate your physical health, keep you out of work, and even render you permanently disabled. Identifying the most common ways truck drivers cause crashes can give you information that may support a claim that you are anticipating, should you be the unfortunate victim of an accident involving a commercial truck, or can keep you well-informed about how you can do your best to steer clear of circumstances that can make you and your loved ones vulnerable to crashes involving large trucks.
If you get into a trucking accident, your first call should be to an experienced truck accident lawyer at Munley Law. We’ve been practicing truck accident law for more than 60 years and we understand how complex these cases can be. […]
Read MoreMore information about Contingency Fee
Types of Injuries Suffered in a Trucking Accident
How Serious is a Truck Accident?
Commercial trucks are at a higher risk of causing or being involved in serious accidents, particularly because of their overwhelming size on the road, their weight, and due to truck drivers managing their vehicles on the road. If you’ve suffered an injury in a truck accident to someone else’s carelessness or negligence, injuries are often serious, require an extensive recovery process, and bring about expensive medical costs. Truck crashes often create car-on-car wrecks, and many fatal crashes, as well. You or your loved one may be entitled to financial compensation for the damages you sustained; however, it is in your best interest to hire a truck accident lawyer to fight the insurance company on your behalf.
At Munley Law Personal Injury Attorneys, we have a team of truck accident lawyers with decades of experience with accidents involving large trucks. […]
Read MoreMore information about Contingency Fee
What If I am Partly to Blame for the Truck Accident?
Can I Still Receive Compensation if I’m Partially At Fault for a Truck Crash?
If you’ve been involved in a truck accident in Pennsylvania, you may be wondering what your legal options are. One important question that may be on your mind is whether you can still pursue a personal injury claim if you are partly to blame for the accident.
The answer is yes, you can still pursue a claim even if you are found to be partly at fault for the accident. If you have been involved in a truck accident in Pennsylvania and you are partly to blame, it does not mean you cannot pursue a claim. But it is important to speak with an experienced truck accident lawyer at Munley Law to learn what your options are and what compensation you could receive.
What is Comparative and Contributory Negligence? […]
Read MoreMore information about Contingency Fee
What Qualifies as Personal Injury?
How Do I Know If I Have a Personal Injury Claim?
You may have seen TV ads, billboards, and more advertising the services of personal injury lawyers, but what exactly what does this term mean? In this article, we’ll explore the meaning of personal injury, and how it may impact you and your life.
Remember: if you or your loved one has been injured in an an accident, you may have a right to compensation. Don’t hesitate to contact Munley Law Personal Injury Attorneys to discuss your personal injury claim and learn we can help protect your interests.
Understanding Personal Injury
While we all try to go about our daily lives safely and responsibly, the reality is that accidents do happen. Often, these accidents — whether that be a car accident, a slip and fall, […]
