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Hiring an Attorney: How Do Contingency Fees Work?

Hiring an Attorney: How Do Contingency Fees Work?

In most law practices, attorneys get compensated in the initial stages of the legal services they provide. However, that isn’t often the case for personal injury lawyers. Personal injury attorneys often provide contingency fees for their clients after they have suffered serious injuries caused by another.

What Are Contingency Fees?

A contingent fee is any fee for services provided where the fee is payable only if the attorney wins the client’s case. For example, suppose you were injured in a car accident caused by a drunk driver and hire a personal injury attorney that offers contingency fees. In that case, you don’t need to pay the attorney anything upfront. If the attorney wins your case and helps you recover compensation for your injuries, they will take a percentage of that compensation.

Your attorney will take an agreed-upon percentage of your recovery. This percentage is often around 1/3 or 33%. The exact amount your attorney gets paid will depend on various factors, including the complexity of your case and litigation costs.

Costs included in typical litigation fees include:

  • Court filing fees
  • Investigation and evidence discovery costs
  • Expert witness costs
  • Documentation fees
  • And other variable costs

Do All Attorneys Offer Contingency Fees?

No, in most cases, attorneys don’t offer contingency fees unless they specifically handle personal injury cases. Even some personal injury attorneys request payment upfront. For such reasons, it is best to discuss the payment plan with an attorney before hiring.

Our team at Daspit Law Firm offers contingency fees for our clients. We understand how difficult the time after an accident can be. For such reasons, we offer contingency fees so that our clients can focus on recovering from their injuries and obtaining the compensation they deserve without worrying about attorney fees. If you have questions about how contingency fees work or about seeking personal injury compensations, our Texas personal injury attorneys are here to help you.

Contact our Texas personal injury attorneys today at (888) 273-1045 to schedule a consultation!