A contingency fee is a way that a lawyer gets paid for their services. It’s a fee that depends on the outcome of the case. The lawyer’s pay hinges on getting a good outcome in the case.
Lawyers and clients use contingency fees as a way to help clients afford legal services. When clients can’t pay for a lawyer by the hour or they don’t want to pay by the hour, a contingency fee is a good way to allow a deserving client to get a lawyer. The arrangement allows the client to get a lawyer working on the case without having to worry about where the money is going to come from.
In most cases, a contingency fee works by the client and the lawyer agreeing to allow the lawyer to take a small percentage of the client’s recovery as payment for their services. The lawyer also usually deducts things like fees to file a case or fees for an expert witness, so the client doesn’t have to pay for these things out of pocket. Contingency fees are often successful because of both the client and the lawyer benefit when the client gets the most recovery possible. If the client doesn’t win a recovery, the lawyer doesn’t charge a fee.
Contingency fees are also positive for clients because they don’t have to worry about how much the lawyer is going to cost. They don’t have to worry about the attorney charging them a fee every time they make a phone call. Instead, the lawyers and the clients can focus on optimizing their efforts for the client’s benefit.
If you have legal needs and you’re worried about how to get a great legal team on your side, contact the Mova Law Group. They know that when you need legal services, the last thing you want to worry about is paying for a lawyer. Call the Mova Law Group today to find out how a contingency fee might work for you.
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