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How Contingency Fees Work


When people are injured and then desire to file a personal injury suit, they are usually pursuing legal action because they need the money. Hospital bills, time off work, and rehabilitation costs can be exorbitantly high for the average person, and when their injuries resulted from someone else’s negligence, victims of personal injuries have the right to seek compensation from the responsible party.

Most personal injury attorneys claim they work on a contingency fee basis because they understand the financial situation of most of their clients. Many injured people have neither the time nor money to pursue a lengthy legal case over the course of months to years. However, working on contingency means the attorney pays the bulk of the legal expenses out of his or her own pocket betting on the fact he or she will be able to win the case.

If a personal injury attorney wins a case, he or she is entitled to a percentage of the total earnings of the lawsuit. For example, if a client is awarded $2 million in damages, the attorney might take 10% of that amount, earning $200,000 in compensation for his or her work.

Clients prefer this method of paying legal fees rather than paying by the hour or paying a flat fee for legal services. Attorneys prefer this approach because it tends to yield a higher amount and incentivizes them to care even more about the outcome of the case.

If you or a loved one were injured by the negligence or carelessness of another person, let us help. Paulsen Law Group is dedicated to helping the victims of personal injury seek compensation for their medical bills, lost wages, and pain and suffering. Let our skilled Dunedin personal injury lawyer use his more than 15 years of legal experience to see what he can do for your case.

Contact us at (888) 352-7180 or fill out our online form to schedule a free case consultation with us today.

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