What are the Benefits of a Contingency Fee?

You’ve met with a few lawyers, and they’ve told you that if they take your case, you won’t pay unless you win. It sounds good, but what exactly does it mean when your personal injury lawyer tells you he will work for you on a contingency fee? For the top Los Angeles accident attorneys, this…
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What are the Benefits of a Contingency Fee?

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You’ve met with a few lawyers, and they’ve told you that if they take your case, you won't pay unless you win.

It sounds good, but what exactly does it mean when your personal injury lawyer tells you he will work for you on a contingency fee? For the top Los Angeles accident attorneys, this means that their clients owe no attorney’s fees and will not be required to pay any costs until a recovery is obtained for the client in the case.

A contingency fee is a payment to an attorney for legal services that depends, or is contingent, upon financial recovery or award in the case. This means that under this payment structure, your lawyer will not collect a fee if you do not win. If you win, the payment to your attorney is a percentage of the amount recovered, which can differ for each attorney and/or law firm. Discuss your attorney’s contingency fee arrangement with him to learn more.

In California, contingency agreements are frequently used in personal injury cases (and are not valid in criminal cases). A contingency fee agreement must be in writing and include:

  • The method by which the fee is to be determined
  • The percentage or percentages that shall accrue to the lawyer in the event of settlement, trial or appeal
  • The percentage or percentages that shall accrue to the lawyer in the event of settlement, trial or appeal
  • Litigation and other expenses to be deducted from the recovery
  • Whether litigation expenses are to be deducted before or after the contingent fee is calculated

Discuss these points in more detail with your personal injury lawyer.

Personal injury lawsuits can be timely and expensive. However, a contingency fee arrangement provides individuals who could not afford to pay costly attorneys fees with access to the courts and to the ability to recover financially for injuries suffered, such as medical bills, lost wages, emotional trauma, and pain and suffering.

Again, contingency fees are generally used in lawsuits involving personal injuries. If you have been injured as a result of another’s negligence, whether it be the negligence of an individual or business entity, reach out to experienced trial lawyers who will work with you on a contingency fee basis.

Our lawyers work on a contingency basis and have extensive experience with the often complicated lawsuits that arise after an injury or death caused by another’s negligence or misconduct. We have recovered hundreds of millions of dollars on behalf of our clients. For more information, or to discuss your potential case, reach out to us today.

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Our employment & personal injury attorneys recognize that the individuals we work with are typically going through overwhelming and stressful times in their lives. When an individual hires us, we strive to provide the client with the strong legal representation and effective counsel they need to receive fair and just compensation. Our experienced attorneys are dedicated to helping our clients in their time of need. Our employment & personal injury team is comprised of well-respected lawyers who have been involved in several multi-million dollar settlements, earning us membership in the Million Dollar Advocates Forum®. This further demonstrates our ability to take on complex accident cases.

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I would like to say what a Awesome Law Firm. I Highly recommend GLF to my family and friends and everyone else. I had a unique case and they worked very hard for me and came THRU. Again thank you for always answering my calls and questions. Special thanks to Mike Ghozland.

Alex Espinosa

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I was involved in an automobile accident 6 months ago, I didn’t know where to turn. A friend recommended me to Michael Ghozland, I don’t regret it. Michael got me the compensation I deserved, will definitely recommended him to all my family and friends.

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Michael is absolutely amazing, and I could not be more grateful for everything that he did for me. He is kind, attentive, truly cares about the client, and perhaps most importantly he is extremely knowledgable when it comes to the world of Personal Injury. There are a lot of...

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I will only refer my friends and family to MICHAEL Ghozland law firm. He settle my case for good amount and I went to good doctors. This is excellent lawyer. Call him if you need help with accidents.

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I was involved in a motorcycle and 3 car crash that was caused by some guy with a suspended license and no insurance. This law firm saved my life- literally. Insurance was refusing to help cover anything but my car damage and 3 chiropractor visits. It ended up that I had...

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I sent a client to Michael and Nathan and cannot express how simple the process was and my client was so happy. It is the only law firm I have ever been able to get ahold of the attorneys directly and cannot explain how great it is to be able to have that service!

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They have been super helpful and on top of my case. Everyone that I have dealt with at this law firm have taken the and been patient with answering all of my questions and concerns. I highly recommend this law firm.

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Good firm that takes care of their clients. I highly recommend them if you need a lawyer. They will treat you like family

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Michael, Jaime, and Jasmine are AMAZING!!! They are GREAT people. They go above and beyond! From the first call I felt that their main concern was to help me recover from my accident. They were very friendly, professional and caring throughout the entire process...

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I highly recommend the Ghozland law firm. He represented my family after a car accident where multiple injuries were sustained. He made a complex process simple and efficient. It was so nice to just concentrate on recovering and leaving all the rest up to Michael and his...

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First time having to need a personal injury attorney. Jasmine and the Ghozland law firm team made it stress free and hassle free. We got a great settlement and I got the treatments I needed. Professional service. I highly recommend them.

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Ghozland Law Firm is the law firm I can trust. Excellent attorney, very professional. I highly recommend everyone to this law firm. I'm am completely satisfied with service provided.

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I was in a car accident and called the Ghozland Law Firm. Great experience they made everything smooth for me very stress free, Jasmine is awesome she helped me with all the questions I had and was very helpful. Thank you guys for everything you have a great team. Thanks...

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Very professional, Michael and Nathan helped me out when I was in a major accident, I needed physical therapy. No more than six months later I was in another accident that aggravated my prior injuries. Non the less the driver was uninsured. I turned to the Ghozland firm...

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A friend of mine referred me to Michael after I was in a car accident. It was a complicated case that involved several cars. I mostly communicated with Jasmine, who was so kind and helpful. We were immediately able to get medical care and time off from work. They even sent...

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Experiencing a car accident is horrible and the unexpected twist and turns that follow only get worse and more frustrating very quickly. . We were happy when the Ghozland Law Firm was recommended to us by a good friend after we were hit by a car that ran a red light...

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With over 40 years of experience, we have handled many slip and fall cases. I can provide you with the caliber of legal services that is normally available only to large companies, due to my experience in large-scale litigation that has resulted in awards of millions of dollars on many occasions. In 2014, Michael Ghozland was named “Street Fighter of the Year” by Consumer Attorneys of California in 2014. Because of my outstanding trial record, winning your case will probably mean obtaining a private settlement, with no need to ever step into a courtroom. Insurance companies know my reputation, and most of them would rather settle than face me in a slip and fall lawsuit.