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Car Accidents

What is a Contingency Fee?

  • By Chris Corzo Injury Attorneys
  • 4 min read

Have you ever heard of the term 'contingency fee'? Discover what it is and in what situations they might be used.

When a person is injured by another party’s negligent, reckless, or intentional action or inaction, they may be entitled to recover compensation for their damages. This is the foundation of personal injury law.

Most personal injury attorneys handle cases on a contingency fee basis. When you retain a personal injury attorney, be sure you understand how the contingency fee agreement works. 

If you have been injured by another party’s fault, the Baton Rouge-based personal injury attorneys at Chris Corzo Injury Attorneys want to help you recover the compensation you deserve.

We have decades of experience protecting the rights of Louisiana injury victims and have a proven record of recovering maximum client compensation.

Call (225) 999-1111 or visit our contact page to schedule a free consultation.

Why You Can Trust Chris Corzo Injury Attorneys

  • We have helped recover over $10 million in client compensation.
  • We pay all costs of pursuing your personal injury claim and you pay nothing until we win.
  • Our Christian values drive us to help injury victims get the justice and compensation they need to move forward after an accident.

How Do Contingency Fees Work?

With a contingency fee arrangement, injured parties are able to pursue recovery for their damages without the worry of paying legal fees and litigation expenses upfront.

Most personal injury attorneys pay all costs of litigation and do not charge legal fees unless they recover money for you. Your attorney only gets paid if they are successful and only after you recover compensation. 

Contingency fees are generally a percentage of the total compensation recovered. In addition to the contingency fee percentage, attorneys deduct all expenses incurred pursuing your claim from your compensation.

When Are Contingency Fee Agreements Used?

Louisiana Civil Code Article 2315 provides for personal injury claims against those who cause you damage:

“Art. 2315.  Liability for acts causing damages

A. Every act whatever of man that causes damage to another obliges him by whose fault it happened to repair it.

B. Damages may include loss of consortium, service, and society, and shall be recoverable by the same respective categories of persons who would have had a cause of action for wrongful death of an injured person. Damages do not include costs for future medical treatment, services, surveillance, or procedures of any kind unless such treatment, services, surveillance, or procedures are directly related to a manifest physical or mental injury or disease. Damages shall include any sales taxes paid by the owner on the repair or replacement of the property damaged.”

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All types of personal injury cases use contingency fee agreements. Some of the most common cases that use contingency fee agreements include:

In these types of cases most personal injury attorneys are only paid if they win according to a contingency fee agreement.

How Does a Personal Injury Attorney Decide What Percentage to Charge?

Many factors are considered when determining a personal injury attorney’s contingency fee agreement percentage. One factor that usually impacts the percentage is what other personal injury attorneys in their geographical location charge.

Other considerations in determining the percentage an attorney should charge are how complex the case is, how long it is expected to take to resolve the case, and the attorney’s experience.

How a Louisiana Personal Injury Attorney Can Help You

A Louisiana personal injury attorney can investigate your accident to determine all possible causes and liable parties. They will conduct discovery to identify and collect important evidence to support your case.

Your personal injury attorney will help determine the value of your damages and help negotiate a fair settlement of your claim.

An experienced Louisiana personal injury attorney representing you greatly increases your chances of recovering maximum compensation.

Contact Chris Corzo Injury Attorneys Today

If you or a loved one has been injured by another person’s negligent, reckless, or intentional action or inaction, you may be able to recover compensation for your damages. 

You need an experienced Louisiana personal injury attorney with a proven record of success to help you At Chris Corzo Injury 

Attorneys, we have decades of experience protecting the rights of Louisian personal injury victims and we want to help you recover maximum compensation for your damages. Remember, you pay us nothing until we recover compensation for you.

Call (225) 999-1111 or complete the short form on our contact page to schedule a free consultation to discuss your case.

Written by

Chris Corzo Injury Attorneys

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