Contingent Fees

In the city of San Luis Obispo, victims of accidents and other causes of personal injury may be hesitant to contact an attorney for fear they cannot afford one. There is a misconception that attorneys charge exorbitant fees for their services. The fact is that many personal injury attorneys work on a contingency basis. That is, they charge contingent fees.

Contingent fees are those that are collected only if the client wins their case and is paid a settlement. Typically, the attorney will advise the client that they will accept a percentage of the amount that is ultimately recovered by a client, typically one-third of the damages awarded. When a plaintiff wins their case, the attorney’s fees are paid out of the award money.

When an attorney works on a contingency basis, they do not get paid unless their client wins. For this reason, many personal injury attorneys will only take cases that they are fairly certain will be successful. A personal injury attorney will hold a free consultation with a potential client, reviewing the details of the incident and asking questions to gain more information. If an attorney believes that the necessary elements for a winning lawsuit are present, they will accept the case on a contingency basis.

Any person who has been injured in an accident should consult with an experienced personal injury attorney to determine if they have a case. When a lawsuit is successful, the injured party may receive compensation for medical bills, lost wages, and more.