Boston, Massachusetts
529 Main St, #128
Boston, MA 02129
(617) 778-1000
At Bellotti Law Group, P.C. our skilled attorneys are committed to providing our clients with exceptional service with their personal injury cases in Boston, MA.

What It Means for a Lawyer to Work on Contingency March 18, 2020

Boston, Suffolk
What It Means for a Lawyer to Work on Contingency, Boston, Massachusetts

When you hire a lawyer, it’s important to understand upfront how they charge for their services. While some types of attorneys charge a flat rate or hourly fee, injury attorneys typically work on contingency. The guide below explains how this fee structure affects you as the client.

What Is a Contingency Agreement?

Working on contingency means the lawyer will receive a percentage of your claim settlement. If your case goes to civil court, the fee will be based on the jury award you receive. This plan is beneficial to clients because it ensures they won’t have to pay unless they win their claim. The injuries accident victims sustain represent a significant cost in terms of medical care, missed wages, and other damages, so a contingency basis prevents legal fees from adding to that financial burden.

Additionally, the contingency structure ensures the lawyer will work hard to win their client’s case. This payment plan creates a partnership between the client and attorney that encourages the legal team to do their best work. If the lawsuit fails and doesn’t result in a settlement, the firm will lose money. That incentive ensures each client gets the highest quality service.

What Should Clients Know Before Signing a Contract? 

LawyerWhile the contingency system can save you from paying upfront for representation, there are some disadvantages. Lawyers will be more selective in the personal injury cases they take on because they will be looking for sure wins. If you don’t have a strong case, it may be more difficult to find representation. However, a lawyer who agrees to work for you is more likely to have a clear vision of how to frame your argument and work towards a successful outcome.

You may also have to pay additional expenses. Some law firms may not include clerical costs, such as the cost of filing court documents, in the fee. These expenses are relatively minor, but the lawyer will expect you to pay them.

Finally, you will need to account for the legal fees in filing your tax returns. The IRS assumes you receive the full settlement amount and pay for service later, which can affect how much you’ll owe at the end of the year. 

 

If you are injured in an accident or as the result of medical malpractice or a defective product, an experienced personal injury lawyer can help you obtain a fair settlement. Bellotti Law Group, P.C. of Boston, MA, has been helping accident victims obtain compensation for more than 30 years. Their skills and experience will help you recover from your accident. To schedule a free initial consultation, visit them online, or call (617) 778-1000.

Other Announcements, Events and Deals from Bellotti Law Group, P.C.
5 Common Causes of Springtime Car Accidents, Boston, Massachusetts
While no time of the year is immune to car accidents, weather changes can make roadway conditions riskier and cause a spike in crashes. In particular, springtime presents a specific ...read more
How to Know If a Firm Can Take Your Case, Boston, Massachusetts
While attorneys work to fight for their clients, they don’t take every case. It’s standard for lawyers to scrutinize a particular case, especially when it comes to complex areas...read more
Can You Bring a Personal Injury Claim Without Suing Someone?, Boston, Massachusetts
Recovering from an injury due to an accent can be expensive. When the incident was the result of someone else’s action or inaction, you have the right to seek damages, or compensatio...read more
3 Ways to Prepare for a Consultation With an Attorney, Boston, Massachusetts
The initial consultation you have with an attorney is a chance to receive an accurate evaluation of your case. It’s also an opportunity for you to meet face-to-face, so you can deter...read more