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What Is A Contingency Fee?

The majority of personal injury lawyers provide their services on a contingency fee basis. This means you aren’t charged a lawyer’s fee unless you are able to recover money in your case. Some more information on how a contingency fee works can be found here.

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At Monsees & Mayer, our Kansas City personal injury attorneys work on a contingency fee basis, which means that we only get paid if we win your case. This fee structure allows clients to pursue legal action without having to worry about upfront costs or hourly fees. Our team is dedicated to helping our clients seek justice and receive the compensation they deserve, and we are committed to fighting on their behalf every step of the way. With a contingency fee arrangement, our clients can feel confident that we are invested in their case and will work tirelessly to achieve a successful outcome.

What Is A Contingency Fee?

The majority of personal injury lawyers provide their services on a contingency fee basis. This means you aren’t charged a lawyer’s fee unless you are able to recover money in your case. Some more information on how a contingency fee works can be found here.

Info about contingency feed with picture of lawyers

At Monsees & Mayer, our Kansas City personal injury attorneys work on a contingency fee basis, which means that we only get paid if we win your case. This fee structure allows clients to pursue legal action without having to worry about upfront costs or hourly fees. Our team is dedicated to helping our clients seek justice and receive the compensation they deserve, and we are committed to fighting on their behalf every step of the way. With a contingency fee arrangement, our clients can feel confident that we are invested in their case and will work tirelessly to achieve a successful outcome.

What Is The Standard Contingency Fee For An Attorney?

The percentage that your attorney requires as payment will depend on several factors including:

  • Complexity of your case
  • Extent of the damages and injuries
  • If a lawsuit has been filed

In some cases there is some negotiation room with the percentage, so keep this in mind when choosing an attorney.

Typically, the standard contingency fee for attorneys ranges from 25% to 40% of the total settlement amount. This means that the attorney will only receive payment if they are able to secure a favorable outcome for their client, such as winning a lawsuit or negotiating a settlement. It is important for clients to discuss and agree upon the contingency fee percentage with their attorney before moving forward with legal proceedings.

What Is The Standard Contingency Fee For An Attorney?

The percentage that your attorney requires as payment will depend on several factors including:

  • Complexity of your case
  • Extent of the damages and injuries
  • If a lawsuit has been filed

In some cases there is some negotiation room with the percentage, so keep this in mind when choosing an attorney.

Typically, the standard contingency fee for attorneys ranges from 25% to 40% of the total settlement amount. This means that the attorney will only receive payment if they are able to secure a favorable outcome for their client, such as winning a lawsuit or negotiating a settlement. It is important for clients to discuss and agree upon the contingency fee percentage with their attorney before moving forward with legal proceedings.

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How A Contingency Fee Works

Contingency fee agreements allow individuals who might not have the means to afford legal representation to pursue their claims without financial risk. The attorney’s fees are contingent upon successfully obtaining a favorable outcome for the client. In essence, the attorney agrees to take on the case without charging any upfront fees. Instead, they receive a percentage of the client’s settlement or court award if the case is successful. It is crucial for both parties to understand the terms of the contingency fee agreement before proceeding with legal action.

two people talking and taking notes across from each other

Before The Case: Contingency Fee Agreement

Before an attorney begins working on your case, they will request that you fill out a CFA. This agreement establishes the percentage fee that will be subtracted from the settlement you receive. Once this document is signed and returned to the attorney, they will begin working on your case.

After The Case: Settlement Disbursement Sheet

When your case is finished, before your payment is released, your attorney is going to prepare a settlement disbursement sheet. This will list the total settlement that you were awarded and then outline the deductions. These deductions include attorney’s fees, medical bills, file expenses, and lien amounts that are subtracted from the funds.

You have the opportunity to review the sheet and then sign and return it to your attorney. At this point, you will receive a check for the amount left over.

A contingency fee is a payment arrangement commonly used in legal cases where the attorney’s fees are only paid if the case is successful. The attorney will receive a percentage of the settlement or judgment amount. Monsees & Mayer personal injury attorneys work on a contingency fee basis. Contact our office today with any questions you may have.

How A Contingency Fee Works

two people talking and taking notes across from each other

Contingency fee agreements allow individuals who might not have the means to afford legal representation to pursue their claims without financial risk. The attorney’s fees are contingent upon successfully obtaining a favorable outcome for the client. In essence, the attorney agrees to take on the case without charging any upfront fees. Instead, they receive a percentage of the client’s settlement or court award if the case is successful. It is crucial for both parties to understand the terms of the contingency fee agreement before proceeding with legal action.

Before The Case: Contingency Fee Agreement

Before an attorney begins working on your case, they will request that you fill out a CFA. This agreement establishes the percentage fee that will be subtracted from the settlement you receive. Once this document is signed and returned to the attorney, they will begin working on your case.

After The Case: Settlement Disbursement Sheet

When your case is finished, before your payment is released, your attorney is going to prepare a settlement disbursement sheet. This will list the total settlement that you were awarded and then outline the deductions. These deductions include attorney’s fees, medical bills, file expenses, and lien amounts that are subtracted from the funds.

You have the opportunity to review the sheet and then sign and return it to your attorney. At this point, you will receive a check for the amount left over.

A contingency fee is a payment arrangement commonly used in legal cases where the attorney’s fees are only paid if the case is successful. The attorney will receive a percentage of the settlement or judgment amount. Monsees & Mayer personal injury attorneys work on a contingency fee basis. Contact our office today with any questions you may have.

Attorney Fees Explained

Attorney Robert Thrasher dives into the crucial topic of attorney fees in personal injury cases. If you’ve been injured and are considering legal action, it’s essential to understand how attorney fees work and what to expect.

Attorney Fees Explained

Attorney Robert Thrasher dives into the crucial topic of attorney fees in personal injury cases. If you’ve been injured and are considering legal action, it’s essential to understand how attorney fees work and what to expect.

Contingency Fee Frequently Asked Questions

When will the contingency fee be paid?

The contingency fee is paid following the conclusion of the jury trial or after a settlement is reached with the other party’s insurance company. In contingency fee arrangement, you don’t have to worry about any hourly fees, or having to make payments while your case is moving through the litigation process.

Who is responsible for paying the contingency fee?

Contingency fees are paid out of the settlement, verdict; or judgment that is received. If the case settles without going to court, then the expenses and contingency fee will be paid out of the proceeds from the settlement, and a net check is going to be issued to the plaintiff at the end of the case. If the case winds up going to trial and the jury awards the money, then the attorney’s fee will be paid from the total jury award.

Do contingency fees include expenses?

Contingency fees typically do not include expenses related to the case. In most situations, the attorney will cover the upfront costs of any expenses, such as court fees, expert witness fees, or medical records, and then deduct these expenses from the final settlement or award once the case is resolved. This means that the client does not have to pay any out-of-pocket expenses during the legal process, but they will ultimately be responsible for reimbursing the attorney for these costs from the final settlement amount.

Contingency Fee Frequently Asked Questions

When will the contingency fee be paid?

The contingency fee is paid following the conclusion of the jury trial or after a settlement is reached with the other party’s insurance company. In contingency fee arrangement, you don’t have to worry about any hourly fees, or having to make payments while your case is moving through the litigation process.

Who is responsible for paying the contingency fee?

Contingency fees are paid out of the settlement, verdict; or judgment that is received. If the case settles without going to court, then the expenses and contingency fee will be paid out of the proceeds from the settlement, and a net check is going to be issued to the plaintiff at the end of the case. If the case winds up going to trial and the jury awards the money, then the attorney’s fee will be paid from the total jury award.

Do contingency fees include expenses?

Contingency fees typically do not include expenses related to the case. In most situations, the attorney will cover the upfront costs of any expenses, such as court fees, expert witness fees, or medical records, and then deduct these expenses from the final settlement or award once the case is resolved. This means that the client does not have to pay any out-of-pocket expenses during the legal process, but they will ultimately be responsible for reimbursing the attorney for these costs from the final settlement amount.

Contact Our Personal Injury Lawyers Today

Working with a personal injury attorney is beneficial because you don’t have to worry about paying anything up front. The contingency fee plan ensures you get the settlement you need, as well as the representation you require.

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