What is a contingency fee and how does it work?

A contingency fee is a type of payment arrangement used in personal injury law in Massachusetts. It is often used to pay an attorney to represent a person in a personal injury case. With a contingency fee, the person does not have to pay the attorney any money up front. The attorney will agree to handle the case in exchange for a percentage of any money that the person is awarded in a settlement or jury award. In Massachusetts, contingency fees are typically 33 1/3% of the person’s award, though this can vary depending on the complexity of the case. The attorney can also charge additional fees for expenses, such as court costs, that the attorney has to pay during the course of the case. This amount is agreed upon by the person and the attorney before the agreement is signed. The benefit of a contingency fee agreement is that it allows individuals to seek legal representation even if they do not have the money to do so. It also incentivizes the attorney to work hard to get the best possible results in the case. The attorney does not get paid if the person loses the case, so they are motivated to win. Overall, a contingency fee agreement is an important tool for individuals seeking legal representation in personal injury law in Massachusetts. It allows people who may not have the money to otherwise seek legal representation. It also incentivizes attorneys to work hard to get the best possible outcome in the case.

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What is a contingency fee and how does it work?

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