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

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

5

-Stars

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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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5 star reviewed personal injury and employment lawyers

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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5 star reviewed personal injury and employment lawyers

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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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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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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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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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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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.

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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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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5 star reviewed personal injury and employment lawyers

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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5 star reviewed personal injury and employment lawyers

Everyone knows when you are in a car accident your life is frazzled and you don't know who to trust or what to do in this situation. The first thing that impressed me with the Ghozland Law Firm is they sent one of their staff out to my house to help me. It took 3 years to...

Patrice W.

5

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5 star reviewed personal injury and employment lawyers

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...

Maria C.

5

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5 star reviewed personal injury and employment lawyers

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.

Hung T.

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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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.