Legal Glossary:
Contingent Fee Agreement

This is the arrangement most people think of when they think of personal injury cases, as advertised with slogans such as “we don’t collect unless you win.” These fees are negotiable, but are commonly one-third to 40% of the money won. Understandably, attorneys are unlikely to take a case “on contingency” unless they believe that there is an good chance that they can win, and that the damages awarded will be enough to make it worth while for both the attorney and the client. Even under contingency agreements, a client may be required to invest money to conduct the case. These expenses are separate from the attorneys’ fees, and may include research, payment for expert witnesses, filing fees, travel, material preparation and other costs.

Contact New York City Accident Attorneys Goidel and Siegel for Legal Advice.
We handle personal injury cases exclusively, and our knowledge of this area of the law is extensive.
We have represented victims of serious accidents and assaults for more than 17 years.