Understanding Contingency Fees at Santoro Law Firm
At Santoro Law Firm, we want to make things simple for you. When we say we work on a "contingency fee" basis, it means our fees depend on the success of your personal injury case. In other words, you only pay us if we win. If your case doesn't end successfully, you won't have to pay any attorney fees. However, if we are able settle your case or obtain a favorable verdict after a trial, our fees will be a percentage of your settlement or verdict. This setup shows that we're in this together – we're motivated to work hard for you because when you win, we win.
We believe in making legal terms easy to grasp. Let's break down what a contingency fee arrangement is and how it works:
Payment Based on Success
In a contingency fee arrangement, your lawyer's compensation is linked to their successful representation of you. Simply put, they get paid when you win your case and receive compensation.
Percentage
In personal injury cases, this percentage is typically one-third (1/3).
Written Agreement
For clarity and transparency, a written contingency fee agreement is a must. You and your lawyer sign it, and it specifies how the fee is calculated. The agreement also clearly states any expenses you might be responsible for.
Costs and Expenses
Your lawyer often covers the costs and expenses as they arise during your case. They deduct these from your share of the settlement or court award when the case concludes successfully.
No Win, No Fee
If your case doesn't end in your favor, you won't owe your lawyer any fees.
Access to Justice
Contingency fee agreements provide a path for personal injury victims who might otherwise struggle to afford legal support. It allows them to seek justice and secure the compensation they rightfully deserve.
At Santoro Law Firm, we prioritize clear communication and mutual understanding. Before we embark on your case, we'll thoroughly discuss the fee structure with you. This way, you'll have a complete picture of how our compensation works and any possible expenses you may be responsible for.
