How are attorneys paid in personal injury matters?ANSWER: Usually through the contingent fee system, although you can pay an attorney hourly to handle your claim. But contingent fees are really what makes the system work because you do not have to your lawyer unless a recovery is made. Even then the fee is a percent of the amount of money the attorney recovers for you and if no recovery is made, you owe no attorney fee. Without this system, most people would be precluded from pursuing their claims in court or otherwise because of the cost of litigation, even on simple cases can amount to many of thousands of dollars with no guarantee of a recovery. In the contingent fee system the attorney takes the financial risk with you and consequently, we have a significant incentive to produce results for you as that is how we are paid. |


