Why do lawyers work on contingency? Why does this help clients?

Posted by on Nov 12, 2018 in Personal Injury | 0 comments

I’ve always wondered how some lawyers can say that they don’t get paid unless their clients get money for their case. That’s known as a contingency fee, and it turns out that personal injury lawyers work on contingency fees almost exclusively. I was reading about how these contingency fees work on the Law Offices of Seaton & Bates, PLLC website. They work on contingency in a number of different practice areas, including car wrecks, slip and falls, and medical malpractice. But these are all civil cases. That means no criminal charges are being pursued. The parties are merely trying to recoup money from damages done. Lawyers don’t work on contingency when they do criminal cases because there will not be a money settlement to deal with. In those cases, the lawyers will charge by the hour. If you find yourself in a civil case, there are a lot of benefits to hiring a lawyer on contingency.

When lawyers work on contingency, they are unable to charge clients more money based on the time it takes to complete the case. So, if a case becomes very complicated and ends up dragging out for several months, you won’t be affected by this at all. In a criminal case, a more complicated case means you’re paying for more hours that your attorney puts in. In a civil, contingency-based case, your attorney will still collect the agreed upon portion of the settlement.

Another great benefit of contingency fees is that clients cannot lose money. Attorneys never charge money out of pocket, as their payment is going to be a percentage of the settlement that they produce. If your attorney ends up not being able to get a settlement, then he’s lost out on the time he put into it. If your lawyer ends up getting a settlement that is very small and doesn’t cover court fees, you won’t have to pay for money lost.

 

 

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