How do contingency fees work in personal injury litigation?
How do contingency fees work in personal injury litigation?
Attorneys working on contingency fees must carefully assess a case before taking it on. In addition, the attorneys should not charge their clients if the case is unsuccessful. This means that lawyers on contingency will turn down a case that has little chance of recovery and a low payout.
When the attorney accepts a case, the attorney does so only after determining that it is likely to be a successful one. The attorney is motivated to win the case in the most efficient way possible and maximize the recovery for the client. Ultimately, this is a win-win situation for both sides.
The fee arrangement is made by the attorney and the client. The attorney will only be paid if the case is successful. The fee amount is usually agreed upon in writing before the lawyer begins working on the case. The claimant will also be responsible for court filing fees and other charges.
Another important advantage of a contingency fee arrangement is that it gives injured people better access to justice. Many injury victims face high expenses after an accident, and without the fee structure, they may not be able to afford legal representation.
If you have any questions or need a Personal Injury Attorney, please call this law firm for a free consultation.
Ascent Law LLC
8833 S Redwood Road Suite C
West Jordan UT 84088
(801) 676-5506
