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Contingency Fee Structure |
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Spar & Bernstein charges neither a consultation fee nor a retainer fee for personal injury cases. Personal Injury cases, unlike most other legal matters, are handled on a contingency basis. If Spar & Bernstein takes your personal injury case, it pays all expenses necessary to process your case in order to seek large money awards on your behalf. Only if Spar & Bernstein obtains a settlement or judgment for you would Spar & Bernstein receive any money on your personal injury case. From such settlement of judgment, Spar & Bernstein, gets paid back its expenses plus 1/3 of the total money received for you. In the unlikely circumstance where there is no recovery on your behalf, there is no charge to you. Therefore, personal injury cases are essentially risk-free.
What is a contingency fee?
An agreement whereby an attorney is being hired on the basis that he or she will receive a legal fee from the client only in the event that the claim is successful and the client was awarded monetary relief.
The contingent fee agreement also lays out the other details such as who is responsible for the costs of the case and how any money collected for the client is to be distributed. Case costs include such things as court fees, copies, expert witness fees, deposition fees, mailing costs, travel etc.
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