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 Personal Injury Lawyer
Since 1959, injured victims in Philadelphia have trusted the Philadelphia personal injury attorneys at Munley Law to recover compensation for their injuries following an accident case. Our board-certified personal injury lawyers have helped thousands throughout Philadelphia, achieving multi-million dollar settlements for our clients. If you or someone you love suffered an injury due to someone else’s negligence, our personal injury lawyers in Philadelphia, PA, can help you and your family get the justice, and the compensation you need.
Contact our Philadelphia accident attorney today to schedule a free consultation.
We do not get paid unless we win your case.
Types of Personal Injury Cases We Handle in Philadelphia, PA
Our personal injury attorneys handle all types of accident cases in Philadelphia. Our legal team comprises:
Philadelphia Truck Accident Lawyers
Few Philadelphia personal injury law firms have the experience and in-depth knowledge to handle commercial truck cases. […]
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Common Pedestrian Accident Injuries
Pedestrian accidents can lead to devastating injuries due to the inherent vulnerability of individuals on foot. Unlike occupants of motor vehicles, pedestrians have little protection against the force of an impact, often resulting in severe trauma. Understanding the common injuries sustained in these accidents is necessary for victims seeking compensation and support. The consequences can be life-altering, affecting not only physical health but also emotional well-being and quality of life.
Critical Injuries in Pedestrian Accidents
Pedestrian accidents can result in catastrophic injuries, including Traumatic Brain Injuries (TBI), spinal cord damage, internal organ injuries, and severe fractures and crush injuries. TBIs can cause long-term cognitive impairment, memory loss, and emotional disturbances, requiring extensive rehabilitation. Spinal cord damage can lead to partial or complete paralysis, requiring lifelong care and adaptations. […]
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Car Accident Lawyer
When you’re dealing with mounting medical bills, lost wages, and the aftermath of a serious collision, you can’t afford to work with inexperienced car accident lawyers who settle for less. Munley Law’s veteran trial attorneys have recovered millions for accident victims. We are unafraid to take on insurance companies to obtain fair compensation for our clients.
Our award-winning legal team will investigate every detail of your case. We work with top accident reconstruction professionals and refuse to let insurance companies pressure our clients into unfair settlements. We handle everything so you can focus on healing while we fight relentlessly for the full compensation you deserve. An experienced accident lawyers at Munley Law is ready to fight for you today. Getting injured in an accident can be a frightening and devastating experience, so let our accident attorneys focus on getting you compensation.
Call or chat to schedule your free consultation with our experienced legal team. […]
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Hershey Personal Injury Lawyer
For over six decades, our acclaimed team of Hershey personal injury attorneys at Munley Law has been advocating for the rights of accident victims. Securing compensation for your injuries requires not just legal expertise but also compassionate representation. From your initial contact with us to the moment you receive your settlement check, we’re by your side, guiding you every step of the way to ensure you get the compensation you deserve.
When it comes to selecting a personal injury lawyer in Hershey, making the right choice matters. Choose carefully. Choose Munley Law.
Understanding Personal Injury Law in Hershey, PA
Navigating the intricacies of personal injury law can be overwhelming, particularly when dealing with an injury’s aftermath. In Dauphin County, understanding these legal guidelines is crucial for anyone filing personal injury claims. An individual may seek legal remedies if they have been harmed due to another person or entity’s negligence or wrongful conduct. […]
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Auto Defect Lawyer
With the average price of a new car in 2024 nearing $48,000, most drivers hope their vehicle is safe from auto defects. Unfortunately, ineffective designs or manufacturing errors can quickly turn a commute into a catastrophe. If you or a loved one were injured in a car, truck, SUV, or other motor vehicle accident resulting in injuries, you may have a defective product claim. At Munley Law, our auto defect lawyers will hold the auto manufacturer, designer, or other liable party accountable for your losses.
To file a motor vehicle defect claim, call an auto defect lawyer from Munley Law today for a no-obligation, free consultation.
When Auto Manufacturers Put Profits Over Safety
Unfortunately, auto manufacturers often prioritize profits over safety, cutting corners on designs and durable materials. When an auto defect causes you to get into a motor vehicle accident, […]
