Contingency Fee Payment Systems Explained in Detail
Updated: Feb 23
The court system should not be used just for the powerful, privileged, and wealthy. The Bryant Law Firm, LLC, passionately believes that every person should have a fair chance at justice. To make this happen, the Bryant Law Firm, LLC, works under a contingency fee payment system. This payment system means that we do not get paid unless your case is successful.
The use of the legal system is expensive, and several innocent victims are closed out from the courts if auto accident lawyers only work on a per-hour fee basis. Through a contingency fee system, we are able to serve you without charging a large up-front fee.
We will then pursue your case. If your case proves unsuccessful and you do not obtain a settlement/verdict, there will be no payment or fee. On the other hand, if you do win a settlement or verdict, your attorney will obtain a percentage of that amount.
The exact percentage your attorney will get is discussed in a clear and open format. That way, you are sure of what to expect. The percentage amount usually reflects the specifics and complexity of your case; however, an amount close to 33 percent (give or take a couple of percentage points) is typical.
For example, in a case where you obtained a settlement of $100,000, your attorney gets $33,000, plus additional reimbursement expenses collected during the pursuit of your case. You will get $67,000.
If you are an Alabama resident in need of an experienced car accident attorney, please contact the Bryant Law Firm, LLC, today for a free consultation.