First, let’s remember that an attorney is, fundamentally, a form of a business. And unless the attorney working on your case is doing so as a charity or non-profit assistance, the legal help you receive will be from a business that is created and intended to make a profit after expenses. So it is perfectly normal and expected that an attorney should be paid for his or her representation. That said, legal representation can be expensive, and the typical average individual client is ill-prepared to take on such costs up front, charged by the month in the form of a retainer or for services rendered on a time basis. So what does the injured person do? Not hire an attorney? Wrong.
Fortunately, a personal injury attorney has the ability to take on a case through what is known as a contingency basis. The word “contingency” essentially means something happens if a trigger event occurs in the future. For a personal injury attorney contingency is framed in the context of winning the case taken on or achieving a settlement. If either occurs, then the client agrees that the attorney can take a percentage of the judgment or settlement to pay for services rendered. On average, contingency representation has typically cost about a third of the gross amount achieved for a client in a court win or settlement. That said, nobody should assume this figure is a rule. Every attorney crafts a contingency agreement specific to the case at hand and what it will take to provide viable representation.
The big benefit to a client, of course, is that he or she doesn’t have to pay for the case work up front. In fact, many personal injury attorneys won’t charge at all of the case loses. So for the client, hiring injury attorney representation on contingency is really a smart move. It immediately secures expert legal help dealing with critical medical help, insurance companies, holding parties responsible and getting one’s life back to normal as much as possible.