What Are Contingency Fees?

Law firms typically charge clients in two different ways: up-front, out-of-pocket payments or contingent fees. As the name indicates, contingency fees allow the law firm to collect payment retroactively for services rendered after—and only after—a positive settlement outcome. The firm subtracts the contingency fee from the client’s successful settlement payout. If the case does not result in an award, the victim owes nothing more toward lawyer fees. If you are suffering from a personal injury and want to hold those responsible legally accountable, retaining a well-reviewed lawyer on a contingency basis means you will not have to worry about paying for your legal fees.