If you’ve been injured in an accident and are considering filing a personal injury claim, you may have heard of a personal injury contingency fee agreement. This type of agreement is a contract between you and your attorney that outlines the legal fees you’ll pay for their services.
A contingency fee agreement is an agreement between you and your attorney that states that you will only pay legal fees if you win your case. If you don’t win, you don’t owe anything. This type of agreement is often used in personal injury cases because it allows people with limited financial resources to access legal representation.
Under a contingency fee agreement, your attorney will typically receive a percentage of your settlement or court award. This percentage is typically between 25%-40%, depending on the complexity of your case. Your attorney may also charge additional fees for expert witnesses, court costs, and other expenses.
Before signing a contingency fee agreement, it’s important to understand what is included in the agreement and what is not. Make sure you understand all the terms and conditions of the agreement, as well as any additional fees that may be charged.
It’s also important to understand that a contingency fee agreement does not guarantee that you will win your case. Your attorney will work hard to get you the best possible outcome, but there is no guarantee that you will win.
If you’ve been injured in an accident, a personal injury contingency fee agreement can be a great way to access legal representation. Make sure to understand all the terms and conditions of the agreement, and ask any questions you may have before signing.
