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
Erie Pedestrian Accident Lawyer
Pedestrian accidents can be harrowing. When a vehicle collides with an unprotected pedestrian, the pedestrian is at a higher risk of serious injury. Common injuries from these accidents include broken bones, spinal cord injuries, and, in the worst of cases, even wrongful death. If you or a family member has endured an accident of this nature, or if you’ve experienced the absolute tragedy of having a family member killed in a pedestrian accident, it’s important to remember that you have rights. Working with an experienced Erie pedestrian accident lawyer who can assist you in seeking compensation and holding the at-fault party (or at-fault parties) responsible is almost always your best path forward.
Should I Hire a Pedestrian Accident Attorney in Erie, PA?
If you or a loved one has sustained pedestrian accident injuries, you may be wondering whether you need to work with a lawyer. […]
Read MoreMore information about Contingency Fee
Erie Car Accident Lawyer
Car accidents are an unfortunate part of life. However, that doesn’t mean you must deal with the aftermath alone. When you’ve been hurt in a car accident because of another driver’s negligence, you need an Erie car accident lawyer from Munley Law.
For decades, we have represented personal injury victims across Pennsylvania, including those in Erie County. Call Munley Law for a no-obligation, free consultation.
Do I Need to Hire an Erie Car Accident Attorney?
You are not legally required to hire an Erie car accident attorney for your claim, but there are benefits to doing so. With an experienced attorney, you can rest assured knowing that you are following the legal process precisely as you should, maximizing your total compensation.
Complex Cases Call For Experienced Car Accident Lawyers
While some car accidents are straightforward, […]
Read MoreMore information about Contingency Fee
Bethlehem Drunk Driving Accident Lawyer
If you or a loved one were involved in an accident with a drunk driver, you need an experienced Bethlehem drunk driving accident lawyer at Munley Law. Given the serious consequences of drunk driving, it is essential to have a skilled legal team on your side who can help you navigate the complex legal process and ensure that you receive the compensation you deserve.
It is common knowledge that driving under the influence of alcohol is a dangerous and illegal act. Alcohol consumption can significantly impair the central nervous system, which in turn can limit a driver’s ability to operate a vehicle safely. When a driver chooses to get behind the wheel after drinking, they are putting themselves and others at serious risk of harm. Our drunk driving accident lawyers are well-equipped to assist you in navigating the legal complexities of such cases and obtaining the compensation you deserve. […]
More information about Contingency Fee
How Much Does An Easton, PA Car Accident Lawyer Charge?
If you’ve been involved in a car accident in Easton, PA, you may be considering hiring a car accident lawyer to help you navigate the legal aftermath. But one of the most common questions people have is: how much will it cost for a car accident lawyer? It’s a valid concern, as the financial impact of a car accident can be significant, and the thought of adding lawyer fees on top of that can be daunting. The cost for a car accident attorney in Easton, PA, can fluctuate significantly due to many factors, such as the complexity of the case, the lawyer’s experience, and the legal fee structure. Contact our Easton car accident lawyers at Munley Law for a free consultation today — understand your legal rights and options without the financial commitment.
Understanding the Role of a Car Accident Lawyer
When you’re involved in a car accident in Easton, […]
Read MoreMore information about Contingency Fee
Erie Personal Injury Lawyers
If someone else’s negligence has caused you or a loved one to suffer harm or serious injuries, know that you have options for financial recovery. The Erie personal injury lawyers of Munley Law have over 60 years of experience fighting for the rights of Pennsylvania’s injured and recovering compensation. With a track record of securing millions of dollars in settlements and verdicts, we take on the liable party and insurance company to ensure you get the compensation you need for the injuries and damages you incurred.
For a no-obligation, free consultation, contact a personal injury lawyer from Munley Law today.
Why Choose Our Erie Personal Injury Attorneys?
Not all personal injury law firms are made equal. However, the award-winning personal injury lawyers of Munley Law have the experience, dedication, and compassion you seek in legal representation.
Experienced Personal Injury Lawyers
Experience is the most critical factor in selecting a personal injury lawyer for your case. […]
Read More