How Does a Contingency Fee Work?Author: Portner & Shure
Common practice in all personal injury cases is for an attorney to do work based on a contingency fee. Many people are usually confused as to what a contingency fee means. They immediately hear the word fee and worry that they are required to pay something, even if their case is lost. That is NOT the case at all. A contingency fee means that there is NO attorney's fee UNLESS you win your case. In other words, if we do NOT win your case, there is NO attorney's fee. There is absolutely no risk in hiring an attorney to represent you in a personal injury case, but much to gain.
The standard contingency fee rate is 33.3%. That means that your attorney's fee will be 33.3% of any recovery you get in your case, whether it be a settlement or trial verdict.
If you've been injured in an auto accident, call Portner & Shure today for a free consultation at (855) 954-4141. We serve clients throughout Maryland, Virginia and Washington, D.C.