What Is a Contingency Fee?

You’ve been injured in an accident and spoken with a few Los Angeles injury lawyers, and they’ve mentioned that they will take your case on a contingency basis. No money out of your pocket up front sounds good, but what exactly does it mean when your personal injury lawyer tells you he will work for…
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What Is a Contingency Fee?

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You’ve been injured in an accident and spoken with a few Los Angeles injury lawyers, and they’ve mentioned that they will take your case on a contingency basis. No money out of your pocket up front sounds good, but what exactly does it mean when your personal injury lawyer tells you he will work for you on a contingency fee? At Ghozland Law Firm, this means that our clients do not pay unless we win. In other words, as our client, you will not be required to pay any costs until we recover financial compensation for you.

What is a contingency fee?

Legally speaking, 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. Under this type of payment structure, your lawyer does 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. Be sure to discuss your attorney’s contingency fee arrangement with him to learn more.

Contingency fees and personal injury cases

In California, contingency agreements are frequently used in personal injury cases (and are generally not applicable 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

As with any aspect of the retainer you have with your attorney, please be sure to discuss each of these points in more detail with your personal injury lawyer before signing on the dotted line.

Why choose a contingency fee lawyer?

Personal injury lawsuits can be timely and expensive. Between hiring experts, medical expenses, and more, the costs add up. Fortunately, a contingency fee arrangement provides individuals who may not be able to afford attorneys fees upfront 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.

For a free, no obligation consultation about how we work and whether we can represent you in your accident case, contact the injury attorneys at Ghozland Law Firm today.

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We Have Over 40 Years Experience in Employment & Personal Injury Law

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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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What Do Our Clients Say About Us?

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5 star reviewed personal injury and employment lawyers

Wow. This past year was a rough year for me. I was hit by a car while riding my bicycle back in June and then was laid off in November. But Jasmine Jackson, Cory Hernandez and the rest of the team at the Ghozland Law Firm really turned that around for me. Within a day after...

Tanner Gordon

5

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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.

Herrera L

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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

Lorie Jackson

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After getting being a victim of a hit and run I decided it would be a good idea to look up an injury lawyer. One of my friends suggested me Ghozland Law Firm I gave them a call. Jasmine Jackson was in charge of my case and she did an amazing job helping me through all the...

Tina B. Connors

5

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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.

Dolores Ochoa

5

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Very professional, excellent lawyers, thanks to them they were able to fix my car 🚗 and win my case, many thanks to Jazmín and Maira, very kind and patient. I highly recommend them. 😊

ana ayala

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They did good by me and my kids Got my car fixed and hooked my kids up!! Thanks jasmine.

C. Hernandez

5

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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...

Maya Frank

5

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I can't say enough about the expertise of this firm and Jennifer's natural willingness to go above and beyond at every step with the cases she has successfully executed on my behalf. I urge all to use Ghozland for cases that are in their wheelhouse, you'll not be disappointed!

Tony S.

5

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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...

Sandra B.

5

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The Ghozland Law Firm, have done an amazing job, having this to be my first mayor accident they were attentive, helpful and always trying to make it easy as possible. Everyone that works at the firm has been friendly. In addition thank you to Jasmine J. And Michael for all...

Derek M.

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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...

Annette And Bobby O.

5

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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...

Jimmy A.

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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.

Don N.

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Jasmine J. And Michael have been amazing. From the date of my accident till today's date they have been by my side every step of the way. I am happy to say that i can refer them to friends and family and have faith that they will take care of other clients just as well as...

Marilyn L.

5

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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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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.