What Is a Contingency Fee?
Personal Injury Case – Contingency Fee The ability to arrange for contingency fees when working with a lawyer has helped many people find justice when they do not have enough money to pay for legal fees up front. While not every law firm offers contingency fee agreements, many do. If you need help with a lawsuit or other legal matter, and you do not think you have enough money to hire a lawyer, you are not out of luck at all. You only have to find a law firm that accepts contingency cases. How Contingency Fees Work If you and your lawyer have agreed to handle payments on a contingency basis, you don’t pay the lawyer anything until you win your case and get an award. That means that the lawyer doesn’t require payment until the other party has paid up. Both you and the lawyer you work with need to agree on and sign a contract that details the fee contingency percentage. If there are additional fees that the lawyer wants you to pay, such as expenses related to gathering evidence, the contract should state what those fees are. The contract needs to be as specific as possible. Do not enter into a contingency-fee case until you have a signed contract in writing. Verbal agreements will not do; any good lawyer is going to require everything in writing. Don’t give up prematurely if you don’t have the money to hire a lawyer for your personal injury case. Contact Eisenberg Law Offices to discuss contingency-fee arrangements, and get to work on your case.]]>