What is a Contingency Fee? | Ellis Injury Law

What is a Contingency Fee?

A contingency fee is the percentage of funds your law firm will receive as payment when you win your case. This ensures that everyone can afford the best in legal representation, without the burden of out-of-pocket expenses. If you don’t win your case, then you owe nothing to the law firm who represented you.

When to contact a personal injury lawyer

At Ellis Injury Law, we understand how disorienting it can be to find yourself the victim of a personal injury– particularly if it was caused by someone else’s negligence.  In challenging situations like these, it’s best to contact our team of Los Angeles personal injury lawyers as soon as possible. We work on a contingency fee basis, so there are no upfront costs.

We believe that everyone has the right to expert legal representation.

Five important facts about contingency fees

Understandably, potential clients might have questions or concerns about this particular way of obtaining legal help. With that in mind, here are five essential things you should know about contingency fees:

  1. They’re reasonable: Most of the time, they total about 1/3 of the final sum recovered in the settlement. Of course, this can vary somewhat depending upon the complexity of the case.
  2. They’re spelled out in clear language: Your personal injury lawyer will draw up an agreement between yourself and the firm that details how the arrangement works. You’ll have the chance to review the information and ask any questions you may have.
  3. The full weight of the law enforces them: In fact, courts have the power to release clients from the agreement if it’s vague, misleading, or unfair. So personal injury attorneys have every incentive to make contingency terms honest and above board.
  4. They enable ordinary people to take on powerful organizations: Often, a contingency arrangement is the only way for individuals to get the compensation they deserve.
  5. They’re an accepted part of the legal profession in all 50 states: There’s nothing unusual about making contingency arrangements with an attorney. The process is overseen by legal and ethical associations across the country, giving clients assurance and peace of mind.

In sum, contingency fees are a convenient and powerful way to tilt the odds in your favor. When you are injured, in pain, and wondering how you will pay your bills—you have options.

Contact us for a free consultation

Ellis Injury Law has been a respected member of the Southern California legal community for over 20 years. During that time, we have recovered more than $350 million for clients.

Get in touch with us today to learn more. Someone from our office is available 24/7 for your convenience.

We look forward to advocating for you.