CONTINGENCY LAWYER AND CONTINGENT REPRESENTATION
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Legal fees may place substantial burdens upon a client. An hourly case may mean that legal fees can exceed a recovery, a client can be asked to pay substantial monies for a losing case, and legal fees may bear no direct relation to the amount of any recovery. A contingent agreement ties the lawyer's fee to the success of the case, provides for no fee where there is no success. there are various types of contingency agreement.
A. Percentage contingency
A lawyer may agree to take a fixed percentage of any recovery such as one third. This type of contingency agreement is frequently used in personal injury cases.
B. Commercial Cases handled on contingency
Traditionally personal injury claims have been handled on contingency; commercial litigation on a hourly. Savvy businessman are increasingly looking to contingency agreements, arguing that if the lawyer foresees success, why should he be unwilling to adopt an agreement whereby he is paid only with some success or recovery. A contingency agreement provides for a percentage of recovery, or measures fees upon some other measure of success.
Our office handles various forms of commercial and civil litigation on contingency.
C. Hourly or Other contingency agreement
In some cases, the lawyer will receive a retainer or up-front payment and bill for his time based upon an hourly rate. Alternatively, the lawyer could calculate his time on an hourly basis, but provide that if the case is unsuccessful there would be no fee.
D. Handling by our office
We provide a free initial consultation and contingent representations on many cases we accept.
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HOW DO I CONTACT YOU
Law Offices of Howard A. Gutman,
230 Route 206, Flanders, New Jersey 07836
(973) 598-1980, E-mail Howian@aol.com
Fax (973) 598-1982
New York Office
305 Madison Avenue, Suite 449
New York, New York 10165 (212) 886-4838
FREE INITIAL CONSULTATION
We offer a free initial telephone consultation to discuss your lemon law case. Please feel free to call or e-mail our office.
www.allbusiness.com/legal/law-firms-attorneys/2243 (description of contingency agrement)
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