How Do Contingency Fees Work?

How Do Contingency Fees Work?

Contingency fees are an excellent financial option that works to your benefit when retaining the services of a lawyer. Essentially, it is an arrangement stipulating that your lawyer will only be paid after your case has been successfully handled. To put it another way, if your case isn’t won, you don’t pay.

Assuming your case is won, the attorney’s fee will be paid as a percentage of the compensation obtained your case (typically, this is one-third of the rewarded amount). This arrangement is commonly used in personal injury cases where money is being claimed.

Contingency fee arrangements are available for the following cases:

  • Personal injury
  • Workers’ compensation
  • Fair Debt Collection Practices ACT violations

Contingency fee arrangements are not available for:

  • Criminal defense
  • Immigration
  • Adoption
  • Bankruptcy
  • Estate planning
  • Divorce

The Advantages

An important advantage in having a contingency fee arrangement is you don’t have to pay your lawyer prior or during the court process. If your lawyer loses your case, you are not required to pay them at all. However, you will still have to pay other court fees. When a lawyer accepts a contingency fee, you know they feel confident in handling your case.

The contingency fee can be affected by out-of-pocket expenses, including:

  • Court reporter fees
  • Mediation fees
  • Witness fees
  • Filing fees

Learn More

At Caputo & Van Der Walde LLP, we are proud to work on a contingency fee basis. We understand legal fees are expensive, and we want our services to be accessible to you. Our personal injury attorneys have over a century of collective experience, and we want our knowledge and trial-tested legal skills to benefit you.

If you require the services of a personal injury lawyer, contact Caputo & Van Der Walde LLP at 800-900-0863.