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. With auto accidents being so common, victims need to know what options they have for financial recovery. […]
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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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Kentucky Truck Accident Lawyer
A crash involving a commercial truck can leave you facing serious injuries, lost income, and overwhelming medical bills. These aren’t ordinary motor vehicle accidents; they’re high-stakes cases that require specialized legal experience. If you or a loved one has been injured in a truck accident on I-64, I-75, I-71, or anywhere in Kentucky, you need a lawyer who understands the complexities of trucking law and knows how to stand up to powerful trucking companies and their insurers.
At Munley Law, truck accident litigation isn’t just something we do—it’s what we’re known for. Our truck accident attorneys are recognized nationally for their expertise in commercial truck crash cases. Marion Munley and Daniel Munley are among the nation’s most respected truck accident lawyers, having held top leadership roles in organizations like the Academy of Truck Accident Attorneys (ATAA) and the American Association for Justice Trucking Litigation Group. […]
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Tractor Trailer Accidents
The Munley Law tractor trailer truck accident lawyers have won millions for our clients, securing their financial future amid overwhelming uncertainty. We deeply understand what you and your family are going through, and we are confident we can help.
Your initial consultation with one of our trucking accident attorneys is always free. Call today to speak with an experienced trucking lawyer who will guide you through the claims process and spearhead your case.
The Role of a Tractor Trailer Accident Attorney
Simply put, your truck accident lawyers should completely take over the truck accident claim for you. Your only responsibility during the process should be to recover and start to rebuild your life. Here is what your truck accident lawyer should be handling:
- Determining Liable Parties: The truck accident attorneys will gather evidence from the accident scene, interview eyewitnesses, […]
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Tanker Truck Accidents
If you were injured in a tanker truck accident, you probably have hundreds of questions swirling in your head: What will my life look like moving forward? How will I pay for the property damage and my new medical bills? Those questions are valid, and the tanker truck accident lawyers at Munley Law have answers.
At Munley Law, we offer free consultations to new clients. You can sit down with an experienced truck accident lawyer who will assess your case, answer your questions, and lay out your legal options.
What is a Tanker Truck?
Because of the type of cargo carried, an accident involving tanker trucks can cause widespread devastation to other vehicles and their passengers in mere minutes. The impact of the truck accident can inflict a lifetime of hardship on each victim. Tanker trucks carry gasoline, diesel, and liquefied petroleum or natural gas. […]
