What is a Contingency Fee?

What is a Contingency Fee?

A contingency fee is a fee paid only if there is a recovery of money made for you. It is based on a percentage that is outlined in a written agreement. The contingent attorney fee pays for your legal representation.

Do I Pay a Contingency Fee if I settle Out of Court?

If you are represented by an attorney, it is likely that you will pay a contingency fee on a settled case. If you have questions about your case specifically, you should ask your attorney to explain the contingency fee and conditions to you to ensure you know what expenses and fees you will be paying.

Is a Contingency Fee the Same as Court Costs?

A contingency fee is not to be confused with costs that may be incurred in a case. Costs are out-of-pocket expenses that are usually required for such items as medical records, depositions, filing legal documents, photographs, etc. Often, our law firm is able to advance these costs on behalf of the client and they are paid back by the client at the time of settlement.