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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Norristown Truck Accident Lawyer
The Norristown truck accident lawyers at Munley Law are ready to protect your rights after a devastating collision on our local roads. Every day, commercial trucks thunder through Norristown’s major arteries, from the busy Pennsylvania Turnpike to Ridge Pike’s commercial corridor, where these massive vehicles routinely cross paths with local traffic. When 80,000-pound tractor-trailers collide with passenger vehicles, the results often prove catastrophic, leaving families to face devastating injuries, mounting medical bills, and complex legal battles against powerful trucking companies.
When a crash like this upsets your life, it takes a specific type of lawyer to make things right again. Most personal injury lawyers handle car crashes, but few have the experience or the resources to successfully handle commercial truck cases. At Munley Law, our truck accident attorneys have spent decades representing Pennsylvania residents in heavy truck and tractor trailer accident cases, securing the compensation families need to rebuild their lives. […]
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Norristown Car Accident Lawyer
Car accidents in Montgomery County can turn a routine day into a devastating experience marked by physical injuries, emotional trauma, mounting medical expenses, and extended periods of lost income. The Norristown car accident attorneys assist local residents following vehicle collisions, focusing on obtaining the compensation necessary for you to rebuild and move forward with your life.
Injuries from car accidents can create financial and emotional challenges that extend far beyond the moment of impact. Whether you’re dealing with minor injuries or facing long-term rehabilitation, our attorneys have the skill and dedication to investigate your case thoroughly and negotiate successfully. We examine every detail, from police reports to medical records, to build a strong claim that addresses your specific circumstances.
At Munley Law, our Norristown personal injury lawyers work on a contingency fee basis, which means you pay nothing unless we win your case. If you’ve been injured in a car accident in Norristown, […]
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Norristown Uber Accident Lawyer
Although rideshare services like Uber provide convenient transportation, car accidents can happen anytime, and they can leave you with significant damage. A Norristown Uber accident lawyer can help if you’ve been injured in a rideshare crash. Unlike traditional car accidents, rideshare crashes often involve complications like multiple insurance policies, corporate interests, and unclear liability. At Munley Law, our rideshare accident attorneys have the expertise and success rates to handle these complex cases and ensure you get the compensation you deserve.
For 65 years, the award-winning legal team at Munley Law has helped injured car accident victims throughout Montgomery County handle the challenges of rideshare accident claims. We understand the unique aspects of Uber and Lyft accidents, from changing insurance coverage based on the driver’s status to dealing with large corporate legal teams. Whether you were a passenger, a driver, or hit by a rideshare vehicle, […]
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Product Liability Lawyer
Every day, we depend on consumer products to live. From the vehicles we drive to the medications we take to the toys our children play with, we hope these goods have been designed, manufactured, and sold with the utmost care. Unfortunately, the products we rely on most are at risk of being dangerous or defective. If you or a loved one were hurt due to a dangerous or defective product, call the product liability lawyers of Munley Law.
For 65 years, Munley Law has represented victims in their most complex personal injury claims. Our experienced product liability lawyers have been named among the Best Lawyers in America, selected to Pennsylvania Super Lawyers, and are board-certified by the National Board of Trial Advocacy. With a track record of securing multi-million dollar settlements and verdicts, working with a personal injury attorney from Munley Law can make all the difference in your product liability lawsuit. […]
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Motorcycle Accident Lawyer
When a motorcyclist is hit by a car, truck, or another large vehicle, the results can be catastrophic, and you will need an experienced motorcycle accident lawyer to get full compensation for your injuries.. With little protection from the impact, the motorcycle rider may suffer life-threatening injuries that take months or years to heal. The aftermath of a motorcycle accident can be a harrowing time, physically and financially. As the injured victim, you have the right to seek compensation.
Your choice of law firm matters. The motorcycle accident lawyers at Munley Law have 65 years of experience representing injured victims. Our award-winning motorcycle accident attorneys have recovered significant settlements and verdicts for injured motorcyclists. We have consistently been recognized as the Best Lawyers in America and are board-certified by the National Board of Trial Advocacy. Most importantly, we get results.
Contact us today to schedule a FREE consultation. […]
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