Why is the Contingency Fee Arrangement Considered Beneficial for Accident Victims?
In simple terms, a contingency fee arrangement is when a lawyer agrees to represent you without requiring any upfront payment. Instead, the lawyer’s fee is based on the outcome of your case. If you win the case or settle it successfully, the lawyer gets a percentage of the compensation you receive. If you lose the case, you don’t pay them anything; that's one of the benefits of a contingency fee arrangement. This type of agreement is designed to make legal representation accessible, especially when the financial strain of an accident could be overwhelming. Instead of worrying about how you’ll pay for legal help while you're trying to recover physically and emotionally, a contingency fee gives you a chance to pursue compensation without having to stress about the financial par...
