What is a contingency fee and how do they work? | New York Injury Attorney

Contingency fees are about us taking percentage of the victory at the end or settlement or mediation or trial if it goes there, to that point. Standard across New York is 33.3%. That means that you should not be laying out any money. You should not be paying your attorneys or us for that matter, any fees or legal consultation fees or anything during the course of your case. We only collect after the case is fully resolved. It essentially aligns our interest with your interest, because we only can recover our legal fees if we’re victorious. The idea with personal injury and contingency fee is to put as much money into your client’s pocket as possible. So these decisions coming from the top are quintessential to their ultimate recovery. The client should never come out of pocket during the course of litigation for any legal fees, during litigation.