Lawyers’ Contingency Fee Agreement

Lawyers’ Contingency Fee Agreement

Have you recently been injured? Do you have money owed to you? You need an attorney’s knowledge and experience to help you win your case, but you may not know how you will pay for it. There is a law firm contingency fee agreement that allows you to get the representation that you need to win your case.

law firm contingency fee agreement

Contingency Fee A law firm contingency fee occurs when a lawyer agrees to take a case and receive payment only when it is won. That is correct! You do not have to pay the lawyer until they have won your case and put money in your pocket. If the case is not won, then the lawyer does not get paid. A law firm contingency fee agreement will benefit you when you do not have the funds to pay the attorney up front.

Cases that Qualify

Whether or not an attorney offers a contingency fee agreement is completely up to them. There are many cases that can qualify for this agreement.

1) Car accidents.

2) Work accidents.

3) Personal injuries.

4) Unemployment.

5) SSI Disability.

These are just a few cases that may qualify for this type of payment agreement. If you are in one of these situations, you should definitely consult with an attorney. Even if you do not see your legal situation on this short list, you should still contact legal assistance. It is best to consult with a lawyer regarding your own personal case.

There are also legal situations that will not be available for this agreement:

 

1) Immigration.

2) Legal separations or divorce.

3) Business.

4) Copyrights.

There are many other situations that do not qualify. Again, contact legal assistance with any questions, as consultations are usually complementary.

Fees

The fees that lawyers charge will vary. However, the most common contingency fee is 33%. Some lawyers charge more, but you may find one that actually charges less. The fee is entirely determined by the attorney. They should disclose their fee during your initial consultation with them.

Benefits

There are many benefits when you work with a law firm’s contingency agreement. You may not have the money to pay the lawyer, but this agreement allows you to receive representation when you need it most. You will have an experienced attorney working on your behalf.

Since the lawyer is taking a risk with your case using the contingency fee agreement, they will only accept your case if they believe that they will win it. You should know during the consultation, or shortly after, if your case has been accepted. Contact a lawyer today to ask about their contingency agreement.