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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Philadelphia Commercial Truck Accident Lawyer
If You’ve Suffered An Injury After a Truck Accident, You Need an Experienced Truck Accident Lawyer On Your Side
If you or a loved one was injured by a truck driver’s negligence, you need an experienced Philadelphia truck accident lawyer at your side. For more than 60 years, the truck accident attorneys at Munley Law Personal Injury Attorneys have fought for families and individuals who have been injured in motor vehicle crashes or other accidents involving commercial vehicles.
As just one example, in 2018, Marion Munley, Caroline Munley, and Bob Munley reached an $8 million settlement in a wrongful death case involving a truck crash. Our experienced personal injury legal team has successfully resolved many personal injury cases just like this one. Together, we can work to recover money to compensate you for all the injuries you suffered in a trucking accident. […]
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Philadelphia Taxi Accident Lawyer
Injured in a Taxi in Philadelphia? We Can Help.
Whether you’re taking a taxi to go out with friends, to avoid trying to find parking near a busy restaurant, or heading to the airport, you expect an experienced taxi driver will get you there safely. However, taxi drivers can also be overly confident they know how to drive in a familiar city and may rush while trying to maximize their time and the fare.
We know a lot of Philly residents rely on public transportation such as taxis to get from point A to point B.
If you were injured as a passenger in a taxi cab, our Philadelphia auto accident lawyers are here to help you recover.
Getting into an accident in cab can be a stressful experience. You have no control over the vehicle or the driver, […]
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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, or something else — […]
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How Long Do I Have to File a Lawsuit After a Car Accident?
What Are the Statute of Limitations in a Car Accident?
In the days and weeks following a car accident, you are focused on a lot of distracting and important things such as medical visits, recovering from any injuries sustained in the auto accident, worrying about finances such as trying to repair vehicle damage, replacing a vehicle that was lost, lost wages from missing work for injury or doctor visits and more. Time can move faster than it seems. So you might be wondering: What are the statute of limitations for filing a car accident claim in Pennsylvania?
You may not know this but car accidents and personal injury lawsuits in general, follow very specific statute of limitations depending on the state you live in. The car accident lawyers Munley Law Personal Injury Attorneys explains how long you have to file a personal injury lawsuit after a car accident and what steps you need to take to meet those time constraints. […]
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Who is Responsible for a Truck Accident in Philadelphia?
Can Multiple Parties Be Responsible for a Trucking Accident?
Truck accidents involving passenger vehicles are complex, especially when it comes to determining who is responsible for the truck crash. Truck accidents require a thorough investigation to discover who is at fault. Unlike a normal car accident, there could be multiple parties responsible, such as the truck driver, trucking company, the shipping company, or the manufacturer of the vehicle.
If you or a loved one were injured in a truck accident caused by the negligent actions of a truck driver or the trucking company, know that you likely can recover compensation for any losses. An experienced truck accident lawyer at Munley Law Personal Injury Attorneys can investigate the crash and identify all defendants. Learn more about how a Philadelphia truck accident lawyer can help you recover losses for your truck accident injuries.
