After a Lyft accident that causes you harm, you need reliable legal representation. However, you could be without the money to pay for an experienced Duluth Lyft accident attorney. The “contingency fee” arrangement between attorneys and their clients solves this very dilemma.
A contingency fee is a form of payment to a lawyer that only happens when and if you receive some kind of monetary compensation in your case. Your Duluth Lyft accident case must settle, or you must win your case at trial for your attorney to receive payment for their services when a contingency fee arrangement is in place.
With a contingency fee, payment for your attorney’s services is “contingent upon” your obtaining compensation of any amount. This way, you can get the legal help you need now to help you recover the money you need for your damages.
If you decide to hire a Duluth Lyft accident attorney on a contingency fee basis, you will sign a contract. With this contract, you will agree to pay a predetermined percentage of your compensation to your attorney directly out of the proceeds from your settlement or court award. Typically this percentage can increase if your case goes to court but is generally between 30 percent and 40 percent.
