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A contingency fee is a fee that is only paid on the basis that your attorney wins your case. This means that you can pursue your right to legal compensation even if you do not have the money at the beginning of the case. Instead, the attorney will agree to take a percentage of the settlement you receive from the case when you win. All legal consultations, meetings, and investigations are conducted without you having to pay any money at the beginning. This lessens the financial burden that you have to cope with while you are recovering from your accident.
After a contingency fee agreement is made between you and your attorney, your lawyer will pay for all of the costs of your lawsuit. These costs are such things as filing fees, arranging for payment of depositions, and paying for copies of health and medical reports.
Contingency fees work well for the victim of an accident case, but they are also beneficial to the attorney. They help to motivate the attorney, because if they do not win, then they will receive no payment. It also helps to prove to you that your case has merit, because if the attorney did not believe that the case would win, he or she would not agree to take it on. Remember, your attorney is trying to help you receive sufficient compensation to cover all of the damages that occur when you have a life-altering accident, because winning your case is beneficial to both of you.
Call Car Accident Lawyer Champs for a quick free evaluation, where an attorney will assess the validity of your case. Byrl Lane, esq. has over 30 years of experience and has collected Millions for his clients throughout Arizona.
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