A contingency fee means that payment of legal fees is only owed upon a successful result.  Under this system, an attorney will agree to represent a person without billing any hours, and afterwards will collect a percentage of the money received in the lawsuit and be reimbursed for expenses associated with the case, such as Court fees, expert fees, investigation fees, fees for copies of medical records, deposition transcripts, but with the legal fee as constituting the main method of payment for providing legal services.  If the case is not successful, no fee is owed.

The rules of professional conduct require the amount of a contingency fee to be reasonable.  Generally, a contingency fee will be one third of what you may recover as the result of a lawsuit, either in a settlement or with a win at trial. The contingence fees lawyers can realize for medical malpractice actions are different and fixed by the law.

At the office of Manuel Moses, Esq., I often agree to represent personal injury victims on a contingency fee basis.  If you do not win the case, you will not owe any payments for legal fees. Contact us for a free consultation 212-736-2624, extension 11

Contingency Fees was originally published on Manuel Moses – Personal Injury Attorney NYC