WHAT ARE RECOVERY FUNDS AND CONTINGENCY FEES?

A contingency fee agreement is an agreement whereby the attorney’s fee is dependent, or contingent, upon money being generated on your behalf. A contingency fee arrangement is a method that allows many individuals who have been injured and seeking damages, such as those resulting from an accident, to obtain legal representation even if they do not have money to pay an attorney at the outset of a case. This means that you will not be charged any fee unless and until we recover money for you.

As a part of representing individuals on a contingency fee basis, our law firm will advance the expenses on your case. Expenses can include such things as court filing fees, the costs of obtaining records, transcripts of testimony, the costs of expert witnesses, investigative services and travel expenses. The client is not responsible for repaying these expenses, until and unless we recover money for you. This means if no recovery is made, then it costs you nothing.

The percentage our firm charges in a contingency fee case can vary depending on several factors, including:

• The amount of time involved in handling the case;
• The complexity of the case;
• The probability of making a recovery;
• The expenses associated with handling the case;

The exact details of a contingency fee contract depend upon the contract between the client and attorney.For your free consultation with an attorney from our firm, please complete our contact form or call us at (205) 322-8880 (toll free).