Have you been hurt in a personal injury
accident? Did your employer committed discriminatory or harassing actions
against you? Were you injured because of a defective product? If you answered
yes to one of these questions, you may need to get an attorney to help you file
a formal complaint against your offender.
But what if you do not have enough money to pay for your attorney's services immediately? This is not a problem. In this kind of situation, you may consider getting into a contingent fee agreement with your attorney. Like any other type of lawsuit, contingent fee lawsuits or no-win-no-fee agreements also have advantages and disadvantages as far as the complainant is concerned.
If you plan to get into a contingent fee lawsuit, here are some of the benefits that you will get:
- Your attorney gets motivated and will try his best to win the case in order for him to receive a payment from you.
- You can have the services of the attorney without having to pay immediately.
- Attorneys will not agree to handle contingent fee lawsuits if they think that it has low probability of winning. The fact that your case was accepted by a contingent lawyer it means that your chances of winning the lawsuit are high.
- Contingent fee
lawsuits favor courts because they cut down the number of complaints that
do not have enough ground to win against their respective defendants.
- Lawyers would not accept to handle your complaint if they think you would not win.
- Attorneys often evaluate the probability of a complaint to win without looking deep into it. This means that there are also winnable cases that are refused by lawyers.
- Some lawyers demand higher payments and charges from their clients after winning the case.
The American Bar
Association has already made some restrictions regarding legal fees. Attorneys
should cost their clients contingent fees that are reasonable enough. Usually, attorney
fees for a no-win-no-fee lawsuit vary from 20% to 50% of the total compensation
that the client has received.
As a wise complainant and client, you have the option to get into a contingent fee lawsuit. If you do have the money, you may also choose the ordinary payment procedures for your attorney. Nevertheless, it is for you to decide how you will get an attorney to help you obtain the compensation you deserve.