Discover How Contingency Fees Prove Attorney Dedication Now
Video Transcript
Contingency-fee lawyers typically get paid only if you recover, often 33%–40% of the settlement or verdict. Because they front time and case costs, their incentive is to work the case hard and maximize value. This article explains how contingency fees align interests and what dedication looks like in practice.
Ray Hrdlicka – Presenter – Attorneys.Media
“One of the things that people have asked is… ‘if I don’t pay my lawyer, in other words, the contingency fee in a personal injury case, well, if I don’t pay my lawyer How do I know the case is important to them? How much time are you going to dedicate to that case? This is now a question because I’m assuming that’s the industry-wide standard, the contingency fee, so what do you tell the customer when he asks that question?”
Andrew Dósa – Personal Injury Lawyer – Oakland, CA
“Well, I don’t get paid until I make a deal, so I have no reason not to get a deal. I have a reason to reach an agreement. As I mentioned before, I do not determine what the settlement will be, the client is the one who gives the go-ahead. I couldn’t sue and then accept the settlement I thought was good, and then talk to the client and let them know what we got. I’ve had a couple of clients who just didn’t want to be bothered because they were too busy with various life challenges, but I could never have solved them without your authority. I’m motivated to get things moving quickly because I won’t get paid until I do.”