Injury victims often struggle to pay their medical bills, and they do not have enough money to hire an attorney for their case. Due to this, attorneys can work on a contingent fee basis when they take on a Florida Personal Injury Case.
A contingency agreement is a contract between an attorney and a client who has been injured, whereby the lawyer agrees that they will pay for the case until the case is won.
Contingency fees are a way for injury victims to receive legal representation and advice without having to pay any upfront costs.
In Florida, Contingency Fee Agreements Can Be Beneficial in Injury Cases
Both attorneys and clients can benefit from contingent fees. Since the attorney will not be paid until the case is successfully won, it gives him a greater incentive for winning your case. Since he is paid a percentage of the damages, he will also keep his expenses low and try to get you the best settlement possible.
Other benefits of a contingent fee agreement include:
- Clients do not pay any upfront fees for their cases. This includes retainers, medical records requests, police reports, expert witnesses, investigators, deposition,s and trial exhibits.
- Clients don’t have to pay any legal fees until their case is resolved. This allows them to keep as much compensation as they can while the case proceeds.
- The client does not pay any fees if the attorney loses the case.
- The percentage of recovery that the lawyer can take from the client is restricted.
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To make a contingency agreement legal, both the lawyer and the client must sign an agreement in writing before the litigation begins that specifies what percentage of the recovery will go to the lawyer. The percentage in Florida depends on several factors including the amount and type of damages, if the lawyer must file a suit (versus settling out of court), if the negligent party accepts responsibility, and a final decision must be made.
- Lee Clark & Associates is a dedicated law firm based in Lakewood Ranch, FL, specializing in personal injury, St Petersburg slip and fall attorney, mass torts, defective product lawyer near you, tobacco and vaping-related cases, and wrongful death attorney in Florida. With extensive experience and a client-first approach, the firm proudly serves clients throughout Manatee, Sarasota, Polk, Hillsborough, and Pinellas counties. Whether you’ve been injured due to a defective product or are seeking justice for the wrongful death of a loved one, W. Lee Clark & Associates provides the guidance and legal representation you need to protect your rights and pursue compensation. Schedule your consultation today!
