What Does Contingency Fee Mean?

What Does Contingency Fee Mean?

Have you ever seen a lawyer’s ad where they claim “No win, no fee?” Well, that is the summarized definition of a contingency fee . It is also known as a conditional fee. In addition, it means that you will only have to pay the lawyer if they win your case. As a result, you will not have to pay anything up front. This sounds promising, and a lot of customers try to look for this option when choosing lawyers.

This option is quite common in personal injury cases, in which the lawyer gets a fixed percentage of the damages or compensation awarded to the client. If the client doesn’t win any money, the lawyer doesn’t get anything, either. Therefore, another name for contingency fees is  “no win, no fee. ”

Common attorney fees in Arizona  are regulated by state laws, but average around 33% to 40%, depending on the nature of the case.

But be careful, you might hear ads from other law firms that claim “discount fees” which can be misleading. Sure, the firm will implement a discounted fee on your settlement, but charge you additionally on the back-end of the case. For example, charge you filing fees, phone call fees, even charge for pieces of paper!

 When Is a Contingency Fees Used?

Here are some of the types of injury cases that use the contingency fees option:

Professional Malpractice

Personal Injury

Car Accident

Animal Attack / Dog Bite

Premises Liability

Defective Product

Mass Tort

Worker’s Compensation

Employment Discrimination

Wage Dispute Cases

Sexual Harassment

Debt Collections Cases

Class Action Lawsuits

The option of contingency fees is helpful when the client doesn’t have enough money to pay for hourly attorney fees or a retainer. Therefore, a contingency fee option can take care of upfront fees association with the case, for example, when a medical expert is required to evaluate a case. This can also be helpful when the expected compensation is costly: such as cases in which lawyers can expect to get a huge percentage of the compensation if they win the case.

Above all, this option is helpful when the lawyers have higher chances of winning. For this reason, lawyers evaluate cases and then accept them based on what their chances of winning are. If they feel like the case is too complicated, they may not accept it on a contingency basis.

… Read more

Who is Liable In A Personal Injury Accident?

When people fail to exercise reasonable care and cause injuries and harm to others, they may be liable to pay damages to the victims. The failure to use reasonable care that results in injuries to others is called negligence.

When you have been injured by somebody else, you should retain a personal injury attorney who is experienced and skilled in tort law. At Hutzler Law, a skilled and experienced attorney will assess your claim and explain whether you have valid grounds to file a lawsuit to seek monetary damages for your losses.

Having our firm on your side can help you to recover more compensation than you might recover on your own or with the help of an inexperienced lawyer. The skills of your attorney directly relate to the outcome of your case.

About Hutzler Law PLLC

If you believe you need the help of a personal injury lawyer in the Phoenix area call Hutzler Law PLLC (602) 730-4530 or visit us at HutzlerLaw.com ”

What Does Contingency Fee Mean?

 
 

Have you ever seen a lawyer’s ad where they claim “No win, no fee?” Well, that is the summarized definition of a contingency fee. It is also known as a conditional fee. In addition, it means that you will only have to pay the lawyer if they win your case. As a result, you will not have to pay anything up front. This sounds promising, and a lot of customers try to look for this option when choosing lawyers.

This option is quite common in personal injury cases, in which the lawyer gets a fixed percentage of the damages or compensation awarded to the client. If the client doesn’t win any money, the lawyer doesn’t get anything, either. Therefore, another name for contingency fees is  “no win, no fee.

Common attorney fees in Arizona are regulated by state laws, but average around 33% to 40%, depending on the nature of the case.

But be careful, you might hear ads from other law firms that claim “discount fees” which can be misleading. Sure, the firm will implement a discounted fee on your settlement, but charge you additionally on the back-end of the case. For example, charge you filing fees, phone call fees, even charge for pieces of paper!

 When Is a Contingency Fees Used?

Here are some of the types of injury cases that use the contingency fees option:

  • Professional Malpractice
  • Personal Injury
  • Car Accident
  • Animal Attack / Dog Bite
  • Premises Liability
  • Defective Product
  • Mass Tort
  • Worker’s Compensation
  • Employment Discrimination
  • Wage Dispute Cases
  • Sexual Harassment
  • Debt Collections Cases
  • Class Action Lawsuits

The option of contingency fees is helpful when the client doesn’t have enough money to pay for hourly attorney fees or a retainer. Therefore, a contingency fee option can take care of upfront fees association with the case, for example, when a medical expert is required to evaluate a case. This can also be helpful when the expected compensation is costly: such as cases in which lawyers can expect to get a huge percentage of the compensation if they win the case.

Above all, this option is helpful when the lawyers have higher chances of winning. For this reason, lawyers evaluate cases and then accept them based on what their chances of winning are. If they feel like the case is too complicated, they may not accept it on a contingency basis.

… Read more


 

Who is Liable In A Personal Injury Accident?

When people fail to exercise reasonable care and cause injuries and harm to others, they may be liable to pay damages to the victims. The failure to use reasonable care that results in injuries to others is called negligence.

When you have been injured by somebody else, you should retain a personal injury attorney who is experienced and skilled in tort law. At Hutzler Law, a skilled and experienced attorney will assess your claim and explain whether you have valid grounds to file a lawsuit to seek monetary damages for your losses.

Having our firm on your side can help you to recover more compensation than you might recover on your own or with the help of an inexperienced lawyer. The skills of your attorney directly relate to the outcome of your case.

About Hutzler Law PLLC

If you believe you need the help of a personal injury lawyer in the Phoenix area call Hutzler Law PLLC (602) 730-4530 or visit us at HutzlerLaw.com