|
What is a Contingent Fee?
A "contingent
fee" or "contingent fee agreement" means that:
1) You only pay your
attorney a fee if your attorney recovers on your behalf.
- Your
attorney is paid a percentage of what is recovered for you.
- Contingent
fee rates are approximately 33% to 40% of your gross recovery.
- Contingent
fee rates may be higher or lower, depending on your claim's complexity
and other factors.
2)
If your attorney does not recover on your behalf, you pay your attorney
no fee. No recovery, no fee.
|
