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What Are Contingency Fees?

When you’re hurt by someone else’s negligence, you need all the compensation you’re due following the accident to recover from your injuries. But you may have heard that personal injury lawyers in Tampa are expensive, and you’re afraid you can’t afford one.

Luckily, working with a lawyer at Anderson & Anderson is more affordable than you may realize. If you’re concerned about getting the compensation you’re due after an injury, read on to learn more about what you can expect from your lawyer. 

Your Fees Are Contingent on Success

When you choose to work with a personal injury lawyer, they may not have a set hourly fee. Often, their fees are instead based on the compensation you receive if your claim succeeds. Because of this, contingency fees are contingent on what we’re able to win for your claim. 

Let’s say you and your lawyer agreed on a 10-percent contingency fee. If you win $50,000, your lawyer will be paid $5,000 of your total compensation. 

That means you don’t have to pay out of pocket for your lawyer. Instead, when you’re hurt and suffering, you can get the immediate support you need with no money down.

You Only Pay if We Win

You may be relieved to know that if you win, you only pay a part of your settlement to your lawyer, which means you’re guaranteed a certain portion of your compensation. But what if your claim doesn’t succeed? 

Here’s the good news for you—if your claim isn’t a success, you don’t have to pay. 

Adding more financial burdens to you without a successful claim can make it feel impossible to recover. That’s why we offer guidance with the promise that, if we can’t get your compensation, you don’t have to pay out of your own pocket for our services. You can instead focus on your financial costs following the injury. 

Discuss Contingency Fees with a Personal Injury Lawyer 

When you’re hurt in a serious accident, you need compensation that covers all your damages. Because of that, you may be worried about seeking out a lawyer. Many people are concerned about the expenses that may accrue from attorney fees. Certainly, the costs of hiring an attorney are among the questions to ask a Tampa personal injury lawyer.

Fortunately, when you partner with the lawyers at Anderson & Anderson, you can rest easy knowing what to expect from your claim and how we seek compensation. We make sure our clients know what to expect, starting with a free consultation about your claim and what we can offer you. 

If you’re ready to seek compensation and want to know more about our services, call 813-251-0072 or complete the following online contact form.