What Are Contingency Fees?
Manage episode 472065252 series 3606470
Thinking about hiring a personal injury lawyer but worried about the cost? Attorney Ralph Manginello breaks down contingency fees and how they work in personal injury cases, including:
🔹 What is a contingency fee? No upfront payment—lawyers only get paid if YOU win!
🔹 How much do lawyers charge? Typically, 33 1/3% to 40% of the settlement.
🔹 What types of cases qualify? Car accidents, slip & falls, work injuries, and more.
🔹 How are funds distributed? Money is held in a trust account, with lawyer fees and medical bills paid from the settlement.
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30 episodes