What is a Contingency Fee Agreement?

Posted on June 11, 2009 by Kristine Meredith

Most personal injury attorneys represent their clients under a contingency fee agreement.  The client pays nothing for attorneys' fees or the costs of the lawsuit until the end of the case when there is a judgment or settlement. Then the attorney is paid a percentage of the compensation recovered -- typically between 30 and 40%.  If there is no settlement and the case is lost, the client pays nothing to the attorney. 

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