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

Does Workers’ Compensation Cover Pre-Existing Conditions?

Does Workers’ Compensation Cover Pre-Existing Conditions?

In general, if you have a pre-existing condition, workers’ compensation will not cover those ailments. However, in some cases where a workplace injury aggravates a pre-existing condition, an employee may be able to receive workers’ compensation benefits. These claims can often be met with resistance.

If you’re wondering, “Does Workers’ Compensation Cover Pre-Existing Conditions?” we can help. Learn more about what you need to know about pre-existing conditions and workers’ compensation benefits.

Pre-Existing Conditions and Workplace Injuries

If you are injured in a workplace accident and have a pre-existing condition, you must make note of that condition at the time of your workers’ compensation . While the pre-existing condition will not give you more money in a pay out, it helps protect you from being denied compensation should the employer later find out. […]

Read More

More information about Contingency Fee

Does Workers’ Compensation Affect Future Employment?

Workers’ Comp Should Not Impact Employment

According to the Bureau of Labor Statistics and the Information Institute, on average, there are 3.4 workers’ compensation claims filed for every 100 full-time employees. With workers’ compensation claims being rather common, one may wonder, does workers’ compensation affect future employment?

The answer is no, it should not. Because employees who are hurt on the job are legally permitted to collect workers’ comp, a future employer cannot hold it against you for the injury or the collection of benefits.

Regardless, employees want to know how workers’ comp laws protect them in their future employment. Here, our workers’ compensation lawyer explains what you can do to protect yourself now and in the future.

What Does Workers’ Compensation Law Say About Getting Hurt on the Job?

In the United States, each state regulates its own workers’ […]

Read More

More information about Contingency Fee

How Much Are Lawyer Fees for a Personal Injury Lawyer in Philadelphia?

Understanding Personal Injury Lawyer Fees

If you’ve been injured in an accident, the last thing you should be stressing about is how to pay for a personal injury lawyer. If you’re wondering “How Much Are Lawyer Fees for a Personal Injury Lawyer in Philadelphia?” the answer could be different depending on your choice of lawyer. Typical fees for an experienced personal injury lawyer generally fall into two types: hourly basis and contingency basis.

personal injury lawyers munley lawAt Munley Law Personal Injury Attorneys, we work on a basis. That means our Philadelphia personal injury attorneys don’t get paid unless we win you financial compensation. It’s important to us that the injured who need to file personal injury claims don’t have undue stress. If you’ve been injured due to someone else’s , contact us today for a free consultation.

What Are Contingency Fees? […]

Read More

More information about Contingency Fee

Are Slip and Fall Accidents Hard to Prove?

Are Slip and Fall Accidents Hard to Prove?

Philadelphia slip and fall accident lawyersProving in a slip and fall accident comes with its own complications. Were you not paying attention? Was the property it occured on your own? Or did it happen in a public space?

Though proving negligence in a slip and fall accident can be difficult, it is important to do so if you want to seek recovery for the damages you incurred.

At Munley Law Personal Injury Attorneys, we know how critical these cases are to your overall recovery. We have been helping slip and fall accident victims for more than 60 years and we’re ready to help ensure you get the compensation you deserve.

Components of Negligence in Slip and Fall Accidents

Following a slip and fall, your main priority is to seek medical attention. […]

Read More

More information about Contingency Fee

How Common Are Slip and Falls?

Slip and Falls Accidents are Very Common

  accidents remain one of the most common causes of injury in the United States with more than 3 million older adults being treated in emergency rooms for fall injuries each year. Further, slips, trips, and falls remain the most common cause of injury in retail stores.

While these accidents are common, they also can be costly. Learn more about the common causes, injuries, and costs of slip and fall accidents and how the slip and fall lawyers at Munley Law Personal Injury Attorneys can help.

What Are Common Causes of Slip and Fall Accidents?

Slip and fall accidents can occur anywhere– in residential, commercial, industrial, and public places. Because of this, there is a responsibility for everyone to keep spaces clear and free of hazards. Unfortunately, […]

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