What is a Contingence Fee?

Many clients have asked us “what is a contingence fee?” Most of the cases that our office handles are based on a contingence fee which is a fee payable only if there is a favorable result. In the law it is generally defined as a fee for an attorney service only if the lawsuit or claim is successful or fairly settled out of court. The fee is generally based on percentage of the client’s recovery. Many lawyers advertise a contingence fee as “No Win No Fee.” This means that if a case is lost then no fee is due from the client. However, if the case is won, the lawyer will be entitled to a fee based on the percentage of the recovery which generally in personal injury cases is thirty-three and one third percent. In workers compensation in Georgia, the fee is generally twenty five percent of the total recovery.

Historically, a contingency fee makes it easier for the general public to pursue their legal claims without having to pay an attorneys hourly rate to pursue a legal matter. Generally, because of the high risk involved, most lawyers only handle contingence fee cases when the attorney feels that a case has good merit.

Contingent attorneys’ fees refers only to those fees charged by attorneys for their legal services. Such fees are not permitted in all types of cases. Court costs and other additional expenses of legal action usually must be paid by the client.

Murphy & Associates handles personal injury and workers’ compensation cases in Georgia. If you have questions regarding your case, please contact a Douglasville Accident Attorney (770) 577-3020. We offer of a free consultation with no obligation.