How Does No Win No Fee Work With Lawyers?
There are a lot of different ways you can pay a lawyer. A contingency fee (aka no win no fee) is a common personal injury payment arrangement in which your legal fees are contingent on how much money they get you. Because you don’t know that final number until the end, you also don’t pay anything until the end.
Your choice of legal representation can make a massive difference to the outcome of your case. When you retain the legal team at the Law Offices of Michael S. Lamonsoff, you can be confident in having someone competent represent your interests with the best resources and training to navigate the complexities of the legal system skillfully. We are dedicated to the success of your case, and will fight to obtain the highest results possible in the shortest amount of time. Contact us for a free evaluation of your case. We are ready to get started today and won’t stop working for you until we get you the most money possible, guaranteed.
What is a Contingency Fee?
An attorney may bill you for two types of expenses during your case: fees and costs. The amount you pay an attorney for their time and expertise is referred to as a fee. Any out-of-pocket expenses the attorney charges you, such as copying or travel expenses, are costs. Both types of charges may be incurred during the course of your case.
A contingency fee is a percentage of the settlement or judgment amount provided as payment to the lawyer as part of an arrangement between the client and the law firm. It is generally calculated as a percentage of what is recovered in a lawsuit or mediation. The contingency fee charge can range between 25 to 40% of the net recovery in a civil case. While the final number is unknown, the percentage and any additional fees should be something you know before hiring a lawyer.
Do Attorneys Charge A Standard Contingency Fee Percentage?
When you retain an attorney on contingency, your attorney only gets paid if they get you paid. This payment is deducted from the eventual settlement or jury award and then the remaining balance is paid to you.
The contingency fee arrangement is pretty simple at its core. The attorney you hire will agree to accept a pre-determined percentage of whatever the case settles for if the attorney wins the case or verdict after trial. This percentage may vary across the board, depending upon your case's specific circumstances and the percentage and any other deductions is something you can and should know ahead of time. At the Law Offices of Michael S. Lamonsoff we are worth every penny and more. Our many happy clients feel confident that they are getting the most money possible when they work with us—we guarantee it. We fight for you until we get what you deserve, every time!
Ultimately, a contingency fee arrangement is beneficial for everyone—the injured party gets top-notch legal representation without paying out of pocket and the law firm is highly incentivized to get their clients the most money possible.
No Win No Fee – Choose Seasoned Personal Injury Lawyers to Represent You
On a contingency fee basis, the Law Offices of Michael S. Lamonsoff offers personalized and attentive legal representation to those injured as a result of someone else's negligence. We have a no-win no-fee commitment to all our clients and are confident that we will get you the MOST money possible for your accident. This frees you from the obligation of having to pay anything in legal fees unless we win compensation for you.
We will investigate your accident thoroughly, collect all possible evidence, and build a robust case for damages against the at-fault party. Our legal team will fight hard to obtain maximum compensation for your injuries and losses. We are ready to get started working on a winning case for you so get in touch with us now. You can get in touch with our attorneys by calling 212-962-1020 or filling out our online form.