Your Trusted Contingency Lawyers in New Jersey and New York
The “American Rule” stipulates that, in a lawsuit, each party is generally responsible for covering their own attorney’s fees. Legal expenses can impose significant financial burdens on clients, and standard hourly fee agreements often lack a predefined cost limit. In contrast, a contingency agreement links the lawyer’s fee to the outcome of the case. A full contingency arrangement means no fee is charged in the absence of a successful outcome.
There are several types of contingency agreements:
A. Percentage Contingency
In this arrangement, a lawyer may agree to a fixed percentage of any monetary recovery, often around one third of the total. This type of contingency agreement is frequently employed in personal injury cases. Alternatively, a lawyer might charge hourly rates but stipulate that fees are only payable upon successful resolution.
B. Contingency Handling in Commercial Cases
Traditionally, personal injury claims have been handled on a contingency basis, while commercial litigation typically involves hourly billing. However, many businesses are now considering contingency agreements, reasoning that if a lawyer anticipates a successful outcome, why not adopt an arrangement where payment is contingent on that success? Our law firm handles various forms of commercial and civil litigation on a contingency basis.
How to Engage a Contingency Lawyer for Your Case
To increase your chances of securing a contingency lawyer, consider these steps:
- Clarity: Present a concise, clear statement of your case and the damages you’ve suffered.
- Realism: Demonstrate that your expectations are reasonable, supported by evidence, rather than mere perception.
- Documentation: Organize and present documentation in a clear and comprehensible manner.
Our Law Firm’s Approach
We offer a free initial consultation and provide contingent representations for many cases we accept. Each case undergoes an individual assessment (refer to our case evaluation pages).
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