What is a Contingency Fee?

If you are considering pursuing a personal injury claim, one concern you will likely have is the cost of an attorney. This is certainly understandable, considering that these cases can become lengthy, and sometimes end up going to trial.

Most personal injury attorneys, including those at Walter Clark Legal Group, handle cases on a contingency fee basis. This means that the client is not charged the attorney’s fee unless they recover money in their case via a settlement, judgment or jury verdict.

How is the Contingency Fee Paid?

The contingency fee is paid out of the money recovered by the plaintiff. The fee is generally a certain percentage of the recovery. Thus, there is no fee if you do not recover anything in your case.

What is the Contingency Fee Agreement?

Before your attorney begins working on your case, you will need to sign a contingency fee agreement (CFA). This is a contract that establishes the percentage that will be subtracted from your case’s settlement/verdict.

A CFA is beneficial to the client for several reasons. For one, the client does not have to make any payments throughout the process, alleviating the financial stress on the client. The client is also not obligated to pay attorney’s fees if the case results in zero recovery. Additionally, attorneys are incentivized to put their best effort into the case to get a fair settlement for the client.

“Personal injury clients are already dealing with plenty of stress. Working with a personal injury attorney on a contingency fee basis makes your legal fees one less thing to worry about,” said Attorney Walter Clark, founder of Walter Clark Legal Group.

Our firm has been handling personal injury cases throughout the California Low Desert and High Desert communities for over 30 years. With a 95% success rate, the California personal injury attorneys at Walter Clark Legal Group will fight to hold those responsible for your loss accountable and win compensation to cover medical bills, lost wages, and pain and suffering. If you have been injured and want to discuss your legal options, contact us today for a free consultation with an experienced personal injury lawyer. We have offices in Indio, Rancho Mirage, Victorville, and Yucca Valley and represent clients through the entire California Low Desert and High Desert communities.

DISCLAIMER: The Walter Clark Legal Group blog is intended for general information purposes only and is not intended as legal or medical advice. References to laws are based on general legal practices and vary by location. Information reported comes from secondary news sources. We do handle these types of cases, but whether or not the individuals and/or loved ones involved in these accidents choose to be represented by a law firm is a personal choice we respect. Should you find any of the information incorrect, we welcome you to contact us with corrections.

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