When an injury lawyer in Oklahoma City works on a contingency fee basis, you do not pay any legal fees unless they recover compensation for you. The attorney’s payment is contingent on securing compensation for you through a settlement or court verdict. If you do not receive money, you don’t owe attorney fees. Contingency-fee agreements allow injury victims to pursue justice without upfront costs or hourly billing.
Understanding How Contingency Fees Work
If you are injured in an accident caused by another party’s negligence or wrongdoing, you have the right to seek compensation for your damages. Unfortunately, insurance companies and defense attorneys work hard to deny, delay, and devalue your claim. Their goal is to pay you as little as possible. You need the assistance of an experienced Oklahoma personal injury lawyer to protect your rights and help you recover maximum compensation.
However, you may be concerned about the cost of retaining a personal injury attorney with a proven track record. The good news is that most OKC wrongful death lawyers handle cases on a contingency fee basis.
A contingency fee arrangement fundamentally changes the traditional attorney-client financial relationship. Instead of paying a retainer or receiving monthly invoices, you enter into an agreement where your lawyer assumes the financial risk of your case. Your attorney invests time and resources into building your claim with the understanding that payment only comes if they win.
Under a contingency-fee agreement, the attorney receives a percentage of the total amount of damages recovered. This percentage is agreed upon before beginning representation and should be clearly outlined in a written agreement. If you are unsure about any term of the written contract, ask questions.
Benefits of Contingency Fee Agreements
Contingency-fee agreements allow injured people to hire experienced, aggressive attorneys with a proven record of success without risking their assets or incurring debt.
This arrangement directly aligns an attorney’s best interest with their client’s best interest. They are highly motivated to secure the maximum possible compensation for their client because their client’s success is their own.
When an attorney agrees to take a case on a contingency fee basis and invest their time and resources into a case without guaranteed payment, that is a strong indication that they believe the case has merit and that they can help you secure maximum compensation.
When Does Your Attorney Get Paid?
Your attorney is paid only after they secure compensation for you. When your attorney receives the settlement proceeds, they will deduct the agreed-upon percentage and costs, and the remainder will be distributed to you.
This arrangement is straightforward. If the attorney does not recover compensation for you, they do not get paid.
What To Expect At Your Free Consultation
At Warhawk Legal, you can meet with one of our experienced, proven personal injury attorneys free of charge. We will listen to you, answer your questions, and explain your options. We will not take your case unless we believe it has merit and that we can help you recover the full value of your claim. If we represent you, we will work diligently to build your strongest case and help you secure maximum compensation for your damages.
Contact Warhawk Legal Today
If you have been injured by another party’s negligence or wrongful actions, you deserve to be compensated for your damages. At Warhawk Legal, our personal injury attorneys have a proven record of success, and we want to help you obtain the justice and compensation you are entitled to.
Call (405) 397-1717 or complete the short form on our contact page and schedule a free consultation to discuss your personal injury claim.