{"id":2607,"date":"2020-02-21T17:08:53","date_gmt":"2020-02-21T17:08:53","guid":{"rendered":"https:\/\/www.chblawfirm.com\/blog\/?p=2607"},"modified":"2020-02-21T17:08:53","modified_gmt":"2020-02-21T17:08:53","slug":"what-are-contingency-fees","status":"publish","type":"post","link":"https:\/\/www.chblawfirm.com\/blog\/what-are-contingency-fees\/","title":{"rendered":"What are Contingency Fees?"},"content":{"rendered":"\n<p>When you hire a lawyer, one of your first questions will likely be about fees. But the type of fee arrangement offered by a law firm will vary depending on several factors, including the type of law practiced, the individual preferences of a lawyer, the complexity of your case, and much more. Typical attorney fee arrangements include retainers, hourly rates, and flat fees, but for personal injury lawyers, the most common payment model used are contingency fees. <\/p>\n\n\n\n<p style=\"font-size:19px\">Continue reading to learn how contingency fees work and how much you can expect to pay attorney fees under this type of fee arrangement.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"900\" height=\"406\" src=\"https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/02\/Contingency-Personal-Injury-Lawyer-Indianapolis.jpg\" alt=\"Personal Injury Attorney Law Firm \" class=\"wp-image-2608\" srcset=\"https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/02\/Contingency-Personal-Injury-Lawyer-Indianapolis.jpg 900w, https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/02\/Contingency-Personal-Injury-Lawyer-Indianapolis-300x135.jpg 300w, https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/02\/Contingency-Personal-Injury-Lawyer-Indianapolis-768x346.jpg 768w\" sizes=\"auto, (max-width: 900px) 100vw, 900px\" \/><figcaption>Personal Injury Attorney Law Firm 317-881-2700<\/figcaption><\/figure>\n\n\n\n<h1 class=\"wp-block-heading\">Working on a Contingency Fee Basis<\/h1>\n\n\n\n<p>Lawyers who work on a contingency fee basis do not\ncollect any type of payment upfront from a client. Instead, clients only pay\ntheir lawyers if they recover a settlement or judgment for them. Payments are\nconditional, or <em>contingent<\/em>, under this type of fee arrangement. So, if a\nlawyer does not win a settlement for their client, the client pays nothing to\nthe lawyer for their services. <\/p>\n\n\n\n<p>If a personal injury lawyer does recover a settlement\nfor their client, the client will pay the initially-agreed upon lawyer fee,\nwhich is a set percentage of the total settlement or judgment value. In most\npersonal injury cases, the industry average is about one-third\/33.33% up to\nforty\/40%. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Talk to Your Lawyer About Payments and Fees<\/h2>\n\n\n\n<p>Knowing the types of fees and prices for lawyers is an\nimportant part of choosing a legal team that fits your needs. It is encouraged\nto ask your lawyer questions about their fee arrangements and billing practices\nahead of time so that you are better-prepared when the final bill comes and can\nfully-comprehend its charges. Also inquire about miscellaneous legal costs that\nmight be expected.<\/p>\n\n\n\n<p>A professional personal injury lawyer should always be\nfully transparent when disclosing payment and billing details to potential\nclients. Keep in mind that cheaper does not mean better when it comes to your\nlegal representation. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Your Leading Indiana Accident Attorneys<\/strong><\/h3>\n\n\n\n<p><strong>Call Craven, Hoover, and Blazek P.C. at 317-881-2700<\/strong> to schedule a free consultation with an experienced <a href=\"https:\/\/www.chblawfirm.com\/attorneys.php\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Indianapolis accident attorney (opens in a new tab)\">Indianapolis accident attorney<\/a> who can determine the best strategies for your Indiana personal injury or wrongful death case. Not only does our law firm offer free consultations, we never collect lawyer fees unless we prevail for you! Call 317-881-2700 to get started on your financial recovery, today.\u00a0 We represent injured persons throughout Indiana, as well as the surviving dependents in a wrongful death case.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"302\" src=\"https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/01\/Local-Indianapolis-Personal-Injury-Law-Firm.png\" alt=\"Indianapolis Personal Injury Lawyers 317-881-2700\" class=\"wp-image-2564\" srcset=\"https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/01\/Local-Indianapolis-Personal-Injury-Law-Firm.png 960w, https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/01\/Local-Indianapolis-Personal-Injury-Law-Firm-300x94.png 300w, https:\/\/www.chblawfirm.com\/blog\/wp-content\/uploads\/2020\/01\/Local-Indianapolis-Personal-Injury-Law-Firm-768x242.png 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><figcaption>Schedule a Free Consultation! <\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>When you hire a lawyer, one of your first questions will likely be about fees. But the type of fee arrangement offered by a law firm will vary depending on several factors, including the type of law practiced, the individual &hellip; <a href=\"https:\/\/www.chblawfirm.com\/blog\/what-are-contingency-fees\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2608,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12,53],"tags":[1238,229,1239,226,228,1146,1087],"class_list":["post-2607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-craven-hoover-blazek-p-c","category-personal-injury","tag-attorney-costs","tag-attorney-fees-indianapolis","tag-lawyer-charge-per-hour","tag-lawyer-costs","tag-lawyer-fees","tag-personal-injury-attorney-law-firm","tag-price-per-hour-accident-lawyer"],"_links":{"self":[{"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/posts\/2607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/comments?post=2607"}],"version-history":[{"count":1,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/posts\/2607\/revisions"}],"predecessor-version":[{"id":2609,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/posts\/2607\/revisions\/2609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/media\/2608"}],"wp:attachment":[{"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/media?parent=2607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/categories?post=2607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chblawfirm.com\/blog\/wp-json\/wp\/v2\/tags?post=2607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}