It is likely that you have heard the term before – contingency fee.
What does it mean? How can it benefit you when you are seeking legal help
and trying to weigh your options?
A contingency fee is essentially an agreement that allows you, the plaintiff,
to obtain legal representation even if you cannot afford to pay an attorney
at the start of your case. Instead, you would pay your attorney if your
case ends favorably. If your attorney cannot win your case, you are not
obligated to pay for the service or any other expenses the firm incurred
in representing you. If they win your case, the fee you pay will be taken
as a percentage of the compensation they secured for you.
This is often seen as a way of leveling the playing field for plaintiffs
who are up against major corporations or insurance companies equipped
with limitless resources, capable of burying even the most well off individual
in time-consuming paperwork. Without having to worry about an hourly rate,
or the prospect of paying for a long and drawn out trial without winning,
plaintiffs are able to rest a little easier.
Not all contingency fees are the same. Some contracts may require for expenses
to be paid along with a percentage of the awarded compensation. Additionally,
some states may even impose limitations on the use of contingency fees
as a way of ensuring that fees are kept fair and are not excessive. Missouri
is one such state that requires contingency fee representation is cost
effective and in the interest of the public.
At Strong-Garner-Bauer P.C., we are a
personal injury law firm that operates on a contingency fee basis. We believe in what
we do and in who we represent. When we take on a case, we give it our
commitment, the efforts of our whole team, and the experience that has
served our many past clients. We have obtained over 130 jury verdicts
totaling upwards of $1 million and 6 verdicts worth more than $10 million.
Call us for a free consultation at