Contingency Fee

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?

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.

More information about Contingency Fee

Philadelphia Fatal Truck Accident Lawyer

Fatal Commercial Truck Accidents in Philadelphia

Commercial trucks provide a necessary service and form an integral part of the national economy.  But commercial trucks are also dangerous, especially when driven on the narrow streets of Philadelphia.  If you’ve lost a loved one in an accident with a commercial vehicle, you may have a legal claim that can alleviate the financial burdens you and your family now must navigate.

For more than 60 years, the Philadelphia fatal truck accident attorneys at Munley Law have fought for families and individuals who have lost a family member because of someone else’s wrongful action. As just one example, in 2018, Marion Munley, Caroline Munley, and Robert Munley III reached an $8 million settlement in a wrongful death case involving a truck crash. Our experienced Philadelphia truck accident lawyers have successfully resolved many personal injury cases just like this one, […]

Read More

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; can range from broker 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 More

More 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 More

More 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 , 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 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 More
Search
Categories
Archives
LCA
PA Bar Association
top 100
Super Lawyers
Best law firms
best lawyers
top 1% of trial lawyers
av
Irish Legal
BBB Accreditation Badge The information contained on this website does not create an attorney-client relationship nor should any information be considered legal advice as it is intended to provide general information only. Prior case results do not guarantee a similar outcome.
855-866-5529
Back to Top