Legal Fees
What is Contingency Fee?
A fee arrangement where the attorney's payment is contingent upon winning the case. The attorney receives a percentage of the recovery, typically 33-40%, and no fee if the case is lost.
Understanding Contingency Fee
Contingency fees allow plaintiffs to pursue legal claims without upfront costs. The percentage may vary based on whether the case settles before trial, during trial, or on appeal. Clients are typically still responsible for case costs and expenses.
Examples
- 1Personal injury attorney taking 33% of a settlement
- 2Higher percentage for cases that go to trial
- 3No fee charged if the case is unsuccessful
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