Everything You Need to Know About Contingency Fees
When people pursue personal injury cases, it’s usually because they need the money. If someone’s medical bills were caused by another person’s negligence, the injured party could pursue a personal injury case to help recover some of his or her losses. However, sometimes people hesitate to sue because of how expensive legal representation can be.
Many personal injury attorneys run their businesses by charging contingency fees rather than charging by the hour. Contingency fee agreements allow customers to forgo paying upfront expenses or legal costs until the case is won. After the case is successfully resolved, an attorney will receive a percentage of the recovery as his or fee. However, if the attorney loses the case, he or she will not charge a legal fee.
Contingency fees ensure lawyers’ interests are closely tied with those of their client. Not only will an attorney care about winning your case as a mark of his or her talent as a lawyer, but his or her compensation will be tied to a victory.
Because personal injury cases can take weeks to years to resolve, your attorney might agree to litigate on a contingency basis rather than charging you an hourly rate or flat fee for all legal work performed.
If you’re interested in pursuing a personal injury lawsuit, talk to one of our skilled Los Angeles personal injury lawyers about your case. Mardirossian & Associates, Inc. has more than 45 years of combined experience to offer your case. Our award-winning advocates are ready to help you recover as much compensation as possible to cover your medical bills, future medical bills, lost wages, and pain and suffering. We offer our services on a contingency fee basis. Let us see what we can do for you.
Contact us at (323) 648-3478 or fill out our online form to schedule a free case consultation today.