Hiring a lawyer can be expensive, but necessary when forced to confront the legal system. Protect yourself from undue stress and fees today by searching online to find a practicing contingency lawyer near you.
You don’t need a bottomless bankroll to hire a reputable contingency lawyer. In fact, you could end up saving yourself hundreds of dollars in the event that a case does not rule in your favor. Explore all of your local options before it’s too late.
What is a Contingency Lawyer?
Lawyers are expensive and cost anywhere from $200 to $400 per hour in major cities.1 Typically, a lawyer will bill you a flat fee for their services or charge by the hour. Contingency lawyers work a little differently.
Contingency lawyers agree to work a client’s case in exchange for a percentage of the monetary damages they are awarded, should they win the case. But if the contingency lawyer loses the case, their client does not have to pay them for their work at all.
The Benefits of Contingency Lawyers
Contingency agreements are beneficial for several reasons. Clients who might not be able to afford a lawyer will only have to pay in the event they actually win compensation.
Attorneys you pay up front and throughout the legal proceedings don’t have a personal stake in the case. Working on a contingency basis gives your lawyer that much more motivation to win your case.2
How Much Do Contingency Lawyers Charge?
In the event you win the case, it will be time to pay your contingency lawyer. NOLO says the average a lawyer will take is 33 to 40 percent.3 Legal Match explains how there are several factors that can determine the percentage a lawyer takes, such as the client’s chance of winning.
They will take into account the complexity of the case and how long it could take for the matter to be resolved. A lawyer’s level of experience and reputation is another factor that can make the percentage on the lower or higher end of the spectrum.
How to Find a Contingency Attorney
Not all attorneys or law offices offer contingency fee arrangements. A search online will help you discover professionals near you that offer this type of payment.
Many attorneys will offer free consultations. These meetings are worth taking advantage of. Before hiring an attorney, find out how many cases they’ve won similar to yours.4 Ask for references so you can talk to past clients about their experience. Things like this will give you an idea of whether you can rely on them throughout your lawsuit.
