Contingent Fees

Contingent fees are a type of payment arrangement, often used by lawyers, where the lawyer only gets paid if they win the case. Instead of charging hourly rates or upfront fees, the lawyer takes a percentage of the settlement or award received. This method allows individuals to pursue legal action without the financial strain of paying upfront costs, as they share the risk with the lawyer. If the case is unsuccessful, the client typically doesn't owe any legal fees, making it an appealing option for those who may not afford traditional legal services.