Our Attorney Fees Explained
At Monsees & Mayer, we believe everyone deserves access to quality legal representation, regardless of their financial situation. In this informative video, we explain how our contingency fee structure helps victims seek justice without the burden of upfront legal costs.
What are Contingency Fees?
At Monsees & Mayer, we offer a contingency fee structure for our personal injury cases. This means clients have no costs unless we win. This unique payment model allows clients to pursue legal representation without the burden of upfront costs. Instead of paying legal fees out of pocket, clients only pay if their case is successful. This arrangement makes legal services more accessible and helps ensure that financial constraints do not prevent individuals from seeking justice.
FAQ Categories
Additional Resources
- Personal Injury
- Personal Injury
- Personal Injury
Understanding Contingency Fees
Understanding Contingency Fees
How Contingency Fees Work
Under a contingency fee agreement, our attorneys work diligently on your case with the understanding that they will receive a percentage of the settlement or verdict awarded. Generally, contingent attorney fees depend upon the complexity of the case and/or whether the case goes to trial or there is subsequent appeal.
Here’s a step-by-step breakdown of how this process typically works:
- Initial Consultation: During your first meeting, we will assess your case, explain the legal process, and discuss how contingency fees operate.
- Signing the Agreement: If you decide to proceed, we will draft a contingency fee agreement outlining the percentage if you win, as well as any other potential costs, such as case expenses.
- Legal Representation: Our attorneys will handle everything from gathering evidence and filing documents to negotiating settlements and preparing for trial.
- Outcome: If your case is successful, our fee will be deducted from the awarded amount after reimbursing any case expenses. If there is no recovery, you owe us nothing.
Benefits of Contingency Fees
- Financial Accessibility: Contingency fees allow individuals who may not have the means to pay upfront legal costs to access quality legal representation. This model ensures that everyone has the opportunity to pursue justice, regardless of their financial situation.
- Alignment of Interests: Since our attorneys are only compensated if you win, this creates a strong alignment of interests. We are motivated to work diligently on your behalf to achieve the best possible outcome.
- Focus on Recovery: By removing the financial strain of legal fees, clients can focus on their recovery and well-being during a challenging time, knowing that they have a dedicated team advocating for them.
- Transparency: Our team is committed to transparency in all aspects of the legal process, including fees. We will clearly outline the terms of our agreement, ensuring you understand how and when payments will be made.
Financial Accessibility
Contingency fees allow individuals who may not have the means to pay upfront legal costs to access quality legal representation. This model ensures that everyone has the opportunity to pursue justice, regardless of their financial situation.
Alignment of Interests
Since our attorneys are only compensated if you win, this creates a strong alignment of interests. We are motivated to work diligently on your behalf to achieve the best possible outcome.
Focus on Recovery
By removing the financial strain of legal fees, clients can focus on their recovery and well-being during a challenging time, knowing that they have a dedicated team advocating for them.
Transparency
Our team is committed to transparency in all aspects of the legal process, including fees. We will clearly outline the terms of our agreement, ensuring you understand how and when payments will be made.
Higher vs. Lower Contingency Fee Percentages
But, an experienced attorney offering a 40% contingency fee will find every category of damages that apply to your case, seek every avenue of insurance coverage that will support those damages, and try your case to a jury or judge if necessary. This results in a settlement of $850,000 after expenses. Totaling a net recovery of $510,000 for the client. ($850,000 – 40% = $510,000).
Our Most Asked Questions
Get all your questions answered and learn more about how we can help.
What if my case doesn't win?
If your case is unsuccessful, you owe us NOTHING. This risk-free structure is designed to empower clients to seek justice without fear of financial loss.
Are there any additional costs?
While you only pay attorney fees if you win, there may be other costs associated with your case (such as case expenses, which can include court filing fees, fees associated with taking depositions, and expert witness fees). We will discuss these potential costs upfront.
What percentage do attorneys typically take as a contingency fee?
The percentage can range anywhere from 25% to 40% (or more, depending upon the complexity of the case and/or whether the case goes to trial or there is subsequent appeal).At Monsees & Mayer, we discuss and agree on this percentage during the initial consultation.