You may have heard that most personal injury and
wrongful death lawyers accept cases on a contingency fee basis. What does this mean?
In this blog, we’ll discuss what contingency fees are and what benefits
they provide to people seeking legal services.

What are Contingency Fees?

When an attorney says they charge contingency fees, this means that the
client will not owe any legal fees unless their attorney wins their case.
The attorney’s pay is, as the name suggests, contingent on whether
they can make a recovery for their client. They will advance any costs
so that the client does not have to pay anything out-of-pocket to begin
the case. If the attorney is successful in winning money for his or her
client, their payment is taken as a percentage of the recovery.

The Advantages of Contingency Fees

  • Contingency fees allow all people access to the justice system regardless
    of their ability to pay.
  • Contingency fees remove the element of risk. If your attorney isn’t
    able to win your case, it doesn’t cost you anything.
  • Contingency fees align the interests of the client and the interests of
    the attorney. Compensation is directly tied to performance, giving an
    attorney an incentive to get the most money as possible as quickly as
    possible – a win-win situation for everyone.

At Koenigsberg & Associates Law Offices, we don’t charge you
anything unless we make a recovery in your case – it’s that
simple. If you’ve been injured in New York City, you owe it to yourself
to contact our Brooklyn &
Bronx personal injury lawyer as soon as possible to discuss your options. You
have nothing to lose!

Contact a Brooklyn Personal Injury Attorney

Do you have further questions about contingency fee arrangements or personal
injury lawsuits? We invite you to contact Koenigsberg & Associates
Law Offices to schedule a FREE case review. We’d be happy to discuss
how we can assist you.
Call our office today at (718) 690-3132.