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.
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Iowa Truck Accident Lawyer
Iowa’s location in the Midwest is an important hub for the trucking industry, with major routes converging around Des Moines. Key products moved by trucks in Iowa include tractors, corn, pork, herbicides, and aircraft parts.
The state of Iowa’s significant trucking activity on the limited interstate highways, such as I-80 and I-35, can lead to deadly accidents. If you or a loved one has been involved in a motor vehicle accident, it’s important to consult with an experienced Iowa truck accident lawyer to ensure your rights are protected.
What Makes Truck Accident Cases so Complex?
Truck accident cases are inherently complex due to the numerous factors involved.
Multiple Parties Involved
Truck crashes are complicated because they often involve several parties. In a car accident, it’s usually just the car drivers. But in a semi-truck accident, you might have the truck driver, […]
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Fatal Car Accident Lawyer
Losing a loved one due to someone else’s negligence is incredibly traumatic, and choosing the right accident lawyer is critical. At Munley Law Personal Injury Attorneys, we understand fatal car accident cases’ complex and sensitive nature.
Our team of experienced lawyers is committed to providing support, empathy, and compassion to grieving clients and their families. With over 60 years of experience, we have helped deliver legal aid to numerous clients and helped to identify and collect the compensation they deserve.
Our compassionate car accident lawyers will review your case for free and guide you on your next steps. We work on a contingency fee basis, so we do not get paid unless we win your case. Contact us today through our online form or phone for your free consultation.
What’s the Difference Between a Personal Injury and Wrongful Death Lawsuit?
If you have motor vehicle accident injuries or damages due to someone else’s negligence or wrongdoing, […]
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Scranton Bicycle Accident Lawyer
At Munley Law, our team of skilled Scranton bicycle accident lawyers has over 60 years of experience handling bicycle accident cases and other personal injury claims. We know how to fight for the rights of injured individuals. We understand the physical, emotional, and financial toll that a severe bicycle accident can take on you and your family. And we are committed to helping you recover the compensation you deserve.
If you need a bicycle accident lawyer in Scranton, contact Munley Law today for a free consultation.
How Common Are Bicycle Accidents in Scranton, PA?
Unfortunately, bicycle accidents are all too common in Pennsylvania. According to data from the Pennsylvania Department of Transportation, there were 821 reported bicycle accidents in Pennsylvania in 2020. These accidents resulted in 799 injuries and 22 fatalities.
Many of these accidents are caused by driver negligence, […]
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Allentown Catastrophic Injury Lawyer
A catastrophic injury can change a person’s life forever. These types of injuries can be devastating and have long-lasting effects on the victim and their loved ones. It is important to seek the help of a seasoned Allentown catastrophic injury lawyer at Munley Law. The right legal representation can make a big difference in the outcome of your personal injury case as you navigate the complex legal system.
At Munley Law, our personal injury lawyers in Allentown, PA, understand the difficulties that come with a catastrophic injury. We have years of experience handling these types of cases and are committed to fighting for our clients’ rights. Our team of experts will work tirelessly to help you get the compensation you deserve. Whether you were involved in a car or truck accident, a motorcycle accident, a pedestrian accident, suffered a workplace injury or were a victim of medical malpractice, […]
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Pittsburgh Pedestrian Accident Lawyer
Despite advances in safety technology and awareness, pedestrian accidents continue to occur at alarming rates. These accidents are avoidable. When a pedestrian is hit by a car in downtown Pittsburgh or anywhere in the city, the consequences can be life-threatening. The faster the vehicle is moving, the more severe the injuries will be. If you were injured in a pedestrian accident, you will likely be facing significant medical costs, missed time from work, and an uncertain financial future.
As the victim of someone else’s negligent behavior, you shouldn’t have to face these costs on your own. A Pittsburgh personal injury lawyer from Munley Law can help you obtain the compensation you need to recover from your injuries and be made whole again.
If you or someone you love was struck by a vehicle in Pittsburgh, the pedestrian accident lawyers at Munley Law Personal Injury Attorneys are available to speak with you. […]
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