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2. What is a contingency fee? A contingency fee is a legal fee which is dependent upon the successful outcome of a claim. Most attorneys who specialize in bodily injury claims utilize a contingency fee agreement because injured clients often cannot afford to pay an attorney for service rendered on an hourly basis. The ultimate damage recovery provides a fund from which the attorneys' fees are paid. If there is no recovery, we receive no fee. Contingency fees are open to negotiation between attorney and client; however, in certain types of cases (claims on behalf of children, claims against health care providers, claims against the Federal Government, etc.) maximum fee limits are established by statute. Contingency fee agreements must be in writing signed by both the attorney and the client. |
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