The no-fee-unless-you-win model lets injured people afford top representation. Here's how it actually works.
What Contingency Means
Under a contingency arrangement, your attorney's fee is a percentage of the recovery and is paid only if they win. If there's no recovery, you owe no attorney fee. This aligns your lawyer's incentives with yours.
Costs vs. Fees
Fees are the attorney's percentage; costs are case expenses like filing fees, records, and expert witnesses. In most arrangements the firm advances these costs and is reimbursed from the recovery.
Why It Levels the Field
Insurance companies have salaried lawyers and deep pockets. Contingency fees let an injured person hire equally skilled counsel without paying anything up front.
What to Ask Before Signing
Clarify the percentage, whether it changes if the case goes to trial, how costs are handled, and how liens will be addressed. A reputable attorney explains all of this clearly.
Have questions about your own situation? Get a free, confidential case review. You pay no fee unless you win. Call 973-566-5599.
This article is for general informational purposes only and is not legal advice. For guidance on your specific situation, consult a licensed Colorado attorney.