Things You Should Know About a Contingency Fee Attorney

Author: Mesriani Law Group
Posted on: October 28, 2020

Many people in Los Angeles are afraid to hire an attorney because they feel they don’t have the means to pay out of pocket for the services. Attorney fees can be expensive, but that doesn’t mean you can’t get justice if you’ve been wronged. Whether you’ve been injured in a car accident or been wrongfully terminated, a contingency fee attorney can help represent your case. Contingency fee lawyers are also known as “no win, no fee” attorneys.

Benefits of Using a Contingency Fee Attorney

Contingency fee lawyers offer clients a guarantee that if they don’t win your case, you don’t pay a penny out of pocket. A “no win, no fee” attorney is an excellent option for individuals seeking justice but are worried about the financial costs.

The typical arrangement is that your attorney will take a percentage of the settlement amount that you win in your case. With this structure in mind, your contingency fee attorney has an incentive to get you the maximum compensation possible and as quickly as possible.

Types of Attorneys That Use a Contingency Fee

Almost any type of lawyer can offer a contingency fee service for their clients. However, this applies to civil litigation only. Contingency fee services are not allowed for criminal trials.

In California, the most common type of contingency fee lawyers is personal injury and employment lawyers.

Personal injury lawyers assist with cases that involve the negligent act of someone else. Common personal injury cases include car accidents, motorcycle accidents, construction accidents, slip and fall, medical malpractice, and premise liability. Personal injury attorneys also assist with wrongful death cases.

Employment lawyers provide legal services to victims of employment and labor law discrimination. Common employment law cases include civil rights discrimination, disability discrimination, employment discrimination, gender discrimination, racial discrimination, and wrongful termination. 

Standard Attorney Contingency Fee Amounts

The standard contingency fee amount is typically based on a percentage rather than a fixed amount.

Most personal injury lawyers charge between 25 to 30 percent of the settlement amount if the case gets settled. If the case goes to trial, the fee can be 40%. However, most cases settle out of court and never make it to trial.

Employment lawyers typically charge a fee of 40%.

For example, a $200,000 settlement with at 33% contingency fee rate would leave the attorney with $66,000. The client would obtain the balance of the settlement which is $134,000.

Again, if a contingency fee lawyer doesn’t win your case and obtain the justice you deserve, you don’t have to pay anything. 

Consult with a Contingency Fee Attorney Today

Getting the legal assistance you need shouldn’t depend on your ability to pay out of pocket. If you believe you have a personal injury or employment law case, don’t hesitate to contact our office today. We are confident that our experienced attorneys can obtain the maximum compensation for your case and offer a “no win, no fee” guarantee. Contact Mesriani Law Group today for your free legal consultation.