Ask a Lawyer: What are Contingency Fees?

Posted By Caputo & Van Der Walde LLP || 13-Jul-2018

One of the main reasons that people are hesitant to file a personal injury lawsuit is because they feel as though they can’t afford legal representation. This is where contingency fees come in and helps so individuals suffering from injury can take on big companies.

Below, one of our attorneys, Paul Van Der Walde, answers some common questions about contingency fees.

What Are Contingency Fees?

Fees which a person does not have to pay any money for costs or attorney fees unless and until a resolution of the case is reached in the client's favor.

Contingency fees are the sole reason that individuals can bring lawsuits against big companies and protect their rights against well-financed insurance companies who have an unlimited spending budget.

How Are the Lawyers Paid?

In matters involving contingency fees, attorneys are paid through resolution of the case. The fees are paid out of the settlement or verdict in a case. The attorneys receive a percentage of the total amount recovered for their damages.

What Are the Benefits?

When dealing with an injury, victims are already facing financial hardships from the medical expenses and lost wages. Paying for a lawyer can seem impossible. Contingency fees offer the benefits of being able to focus on recovery without worrying about out of pocket expenses to pursue compensation.

Do I Have to Pay Anything Upfront Regarding Legal Matters?

Because contingency fees only pay the lawyer if and when a case is successful, there are no upfront fees. This includes the initial consultation that clients may receive.

At Caputo & Van Der Walde, we are dedicated to protecting the rights of injury victims. Our San Jose personal injury attorneys recognize that plaintiffs are concerned about how they can afford legal representation. We offer our services on a contingency fee basis so you can get the help you need when you need it most.

Call our firm today to discuss your potential case.

Categories: Personal Injury
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