The "American Rule" provides that each party in a lawsuit ordinarily shall bear its own attorney's fees. Legal fees may place substantial burdens upon a client and the typical hourly fee agreement contains no ceiling or estimate of total fees. A contingent agreement ties the lawyer's fee to the success of the case. A full contingency provides for no fee where there is no success. There are various types of contingency agreement.
A. Percentage contingency
A lawyer may agree to take a fixed percentage of any recovery such as one third. This type of contingency agreement is frequently used in personal injury cases. A lawyer may also charge hourly but agree that the fees are only due on success.
B. Commercial Cases handled on contingency
Traditionally personal injury claims have been handled on contingency; commercial litigation on a hourly basis. Many businesses are looking to contingency agreements, arguing that if the lawyer foresees success, why should he be unwilling to adopt an agreement whereby he is paid only upon that success. Our office handles various forms of commercial and civil litigation on contingency.
C. How to
Get a Contingency Lawyer to Take Your Case
D. Handling by our office
We provide a free
initial consultation and contingent representations in many cases we
accept. Each case is individually evaluated (see our pages on
Law Offices of Howard A. Gutman,
New York Office
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