I am considering hiring a Louisville personal injury attorney and want to know, what is a contingency fee?

A: A contingency fee is a payment arrangement that some attorney's offer, which specifies that the attorney won't receive payment unless there is a successful resolution for your case. Discuss contingency fee options with your prospective Louisville personal injury attorney before filing your Kentucky personal injury claim.

Hiring a Louisville Personal Injury Attorney with Contingency Fee

Hiring an attorney on a contingency fee basis is a great option in some personal injury cases because it allows you to pursue a claim without upfront fees; and the attorney is likely more motivated to push for higher compensation because they're fees are based on a percentage of the settlement.

When you and your Louisville personal injury attorney agree to work under a contingency fee basis, your lawyer will receive a predetermined percentage of your recovery or settlement.

It can be hard to access the justice system when your available funds are limited. However, hiring an attorney on a contingency basis can provide you with a valid means to aggressively pursue a claim for your injuries and any pertinent damages.

Not all attorneys offer this form fee payment, and it's not suitable for all cases. For example, in claims where there is a cap on the amount of money you can receive for your damages, your lawyer will be a lot less likely to accept fees on a contingency basis. 

You'll also want to make sure to fully understand all your lawyer's stipulations about the firm's specific contingency fee agreement before you sign anything. Consult with your attorney and discuss your questions and concerns before proceeding with your Kentucky personal injury claim.

Contacting a Louisville Personal Injury Attorney

Hiring a Louisville personal injury attorney on a contingency fee basis may be a good option for your Kentucky personal injury claim. An attorney at Gray and White can help you handle every aspect of your Louisville accident claim. If you've been injured in Kentucky, contact us today for a free evaluation of your case - 1-800-634-8767 or 502-210- 8942.