What is a Contingency Fee Arrangement?

You were injured in a serious auto accident that was not your fault and you’ve met with a few lawyers. These personal injury attorney have told you that if they take your case, you won’t pay unless you win. Is this too good to be true? The answer? Probably not. Keep reading… What is a…
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What is a Contingency Fee Arrangement?

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You were injured in a serious auto accident that was not your fault and you’ve met with a few lawyers. These personal injury attorney have told you that if they take your case, you won't pay unless you win. Is this too good to be true? The answer? Probably not. Keep reading...

What is a contingency fee?

In a contingent fee arrangement, the lawyer agrees to accept a fixed percentage of the recovery, which is the amount finally paid to the client. If you win the case, the lawyer's fee comes out of the money awarded to you. Lawyers and clients generally use this financial arrangement in cases where money is being claimed; i.e. cases involving personal injury or workers' compensation. There is no set percentage for a contingency fee across the state and the percentage an attorney takes can vary from law firm to law firm. It is imperative that you discuss each attorney's financial arrangement with him in depth before signing.

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
  • Litigation-related 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.

Why go with a contingency fee lawyer?

Personal injury lawsuits can be extremely expensive once you figure in costs for experts, medical bills, etc... A contingency fee arrangement provides individuals who could not afford to pay up front attorneys fees with access to the courts and to the ability to recover financially for their injuries.

The Los Angeles accident lawyers at Ghozland Law Firm work on a contingency basis and have extensive experience with handling the most complicated personal injury lawsuits involving negligence.  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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5 star reviewed personal injury and employment lawyers

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

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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.

Sherrie Rosenberg

5

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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

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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

5

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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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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!

Dr. Joseph Fair DC

5

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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...

Isabella Dino

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 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...

Chris M.

5

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I was hit by a car on freeway which involved four cars and seven injured people. After trying an attorney who didn't return any of my emails and phone calls, I was referred to Ghozland Law Firm by my co-worker. They were such a great team. Very professional and reliable...

Tammy G.

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Amazing, Professional and Honest. The Ghozland Law firm has showed me why I made the right choice. Jasmine was helpful every step of the way to make sure that my case went smooth as possible. They handled everything since day one and did not stop until I was satisfied. Thanks...

Edwin M.

5

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5 star reviewed personal injury and employment lawyers

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!

Joey F.

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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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.

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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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5

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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.