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
Florida Truck Accident Lawyers
Florida’s truck route network is a vital system that supports the state’s logistics and transportation needs. It includes major highways like I-95, I-75, I-4, and I-10, which are essential for long-haul trucking in the trucking industry. Key US highways such as US-1, US-27, and US-98 provide important connections between cities, while state roads ensure comprehensive coverage.
With the number of commercial vehicles on Florida roads, it’s no surprise that accidents do and will continue to happen. Florida’s busy highways see significant commercial traffic, including delivery trucks, freight carriers, and other large vehicles. Unfortunately, this also means a higher likelihood of large truck-related accidents, which can result in severe injuries and fatalities due to the size and weight of these vehicles.
When a truck accident occurs, it’s not just about dealing with the immediate aftermath—such as medical treatment and vehicle repairs—but also about understanding the regulations and liabilities. […]
Read MoreMore information about Contingency Fee
Philadelphia Car Accident Lawyers
If you were involved in a severe car accident in Philadelphia, contact a Philadelphia car accident lawyer at Munley Law to get the help you need following a car crash. Your primary focus should be your health; you should not have to manage the claims process alone.
At Munley Law, we have 65 years of experience helping car injury victims get compensation following a car accident. Our board-certified car accident attorneys understand what you are going through, and we will not rest until you receive the compensation you need to recover from the accident. Now is the time to schedule a free consultation with a car accident attorney at Munley Law. You do not owe a fee unless we win your case.
Call the Philadelphia car accident lawyers of Munley Law for a no-obligation, free case evaluation.
Why You Need a Car Accident Attorney in Philadelphia, […]
Read MoreMore information about Contingency Fee
Wilkes-Barre Personal Injury Lawyer
For 65 years, injury victims have turned to the Wilkes-Barre personal injury lawyers at Munley Law following a serious accident. You need a law firm that will fight for you and get you the compensation you deserve. Munley Law has the experience and resources you need for your personal injury lawsuit. And most importantly, we get results for our clients.
If you live in Wilkes-Barre, PA, and suffered a severe injury following a car accident, had a work injury, or lost a loved one in a truck crash, Munley Law can help. Contact us today to schedule a free consultation.
The Role of a Wilkes-Barre Personal Injury Attorney
Understanding the role of a Wilkes-Barre personal injury attorney is essential in recognizing the value they bring to your case.
- A personal injury lawyer will review the facts of your case, determine the potential for compensation, […]
More information about Contingency Fee
What Happens If Someone Hits You and They Don’t Have Insurance?
It is estimated that 1 in 8 drivers in the United States are uninsured. Unfortunately, this means if you are involved in a car accident, you may encounter an uninsured motorist. But what happens if someone hits you and they don’t have insurance?
The answer largely depends on the state you live in. Sometimes, your own insurance may cover the losses you incurred in the collision and in others, you may have to file a personal injury lawsuit.
The extent of your injuries as well as if you carry uninsured motorist (UM) coverage or underinsured motorist (UIM) coverage in your insurance policy will also determine where and how you can seek compensation.
Munley Law car accident attorneys help drivers involved in car accidents with uninsured motorists and can explain your options.
What Type Of Auto-Insurance Coverage Am I Required To Hold? […]
Read MoreMore information about Contingency Fee
Scranton Workers Compensation Lawyer
A Scranton workers compensation lawyer can provide essential support if you encounter difficulties with your workplace injury claim. Workers compensation benefits are intended to cover medical treatment and lost wages following an on-the-job accident. Although Pennsylvania law requires coverage for all workers injured on the job, insurance companies frequently delay or deny workers comp claims. If you are facing an issue with your work injury claim, the workers compensation attorneys at Munley Law can advocate for you to obtain the benefits you rightfully deserve. Contact our Scranton law office today to schedule a free consultation.
When to Hire a Workers Compensation Attorney in Scranton
You should hire our Scranton workers comp lawyer as soon as possible. Workers’ compensation laws in Pennsylvania are incredibly complicated to understand. It can be straightforward for an employer’s insurance company to deny a claim, […]
Read More