The short answer is no. Typically, contingency fees do not include case-related expenses in Gulfport, MS, or most other jurisdictions. While a contingency fee agreement allows you to pursue your case without worrying about how to pay for representation, lawsuits often involve additional costs that need to be addressed separately. If you decide to retain legal representation, it’s crucial that you understand this distinction.
At Haug, Farrar & Franco, PLLC, we believe in full transparency when it comes to fees and expenses. We know that the legal process can seem daunting, especially when you’re already dealing with the physical and emotional toll of an injury. That’s why we’re committed to breaking down the complex legal and financial aspects of your case so you have all the information you need to make informed decisions.
Let’s take a closer look at contingency fees, including what they cover, what they don’t, and how this arrangement can benefit you as you seek compensation for your injuries. Knowledge is power, so it’s important you take the time to understand your legal rights and financial obligations.
Understanding Contingency Fees
A contingency fee is a payment arrangement between a client and a lawyer that makes the lawyer’s fee contingent upon winning the case or securing a settlement. This is a common arrangement in personal injury cases, and it benefits clients who may not have the financial means to pay for legal representation up front.
In a contingency fee agreement, the lawyer typically receives a percentage of the court award or settlement if the case is successful. If the case is unsuccessful, the client does not owe the lawyer any money for the lawyer’s time and effort. This system allows individuals who might otherwise be unable to afford representation to seek justice.
The percentage of a settlement or award that a lawyer receives can vary, but it’s often about 33 to 40 percent of the recovery amount, usually depending on factors such as the complexity of the case, the amount of time and resources required, and whether the case goes to trial or settles out of court.
Who Pays the Expenses?
While the contingency fee covers the lawyer’s time and effort, it typically does not cover the various expenses that often arise during a lawsuit. These expenses, often referred to as “costs” or “disbursements,” are usually the client’s responsibility. However, many law firms, including Haug, Farrar & Franco, PLLC, will often advance these costs on behalf of the client and then deduct them from the settlement or award at the conclusion of the case.
Common expenses in a personal injury case may include:
- Court Filing Fees – These are fees charged by the court for filing various documents related to your lawsuit.
- Expert Witness Fees – In many personal injury lawsuits, the opinions of expert witnesses are crucial to establishing key facts. These professionals charge for their time and expertise.
- Investigation Costs – Your lawyer may need to hire investigators to gather evidence, interview witnesses, or reconstruct accidents.
- Medical Records – Your lawyer will need to obtain copies of your medical records to investigate and prove your injuries and their related costs.
- Depositions – The cost of recording and transcribing depositions can be significant, especially in complex cases with multiple witnesses.
- Postage and Copying – While these may seem minor, the costs of sending documents and making copies can add up over the course of a case.
- Travel Expenses – If your lawyer needs to travel for your case, they may include these costs in the expenses they deduct from your settlement or award.
While these expenses are typically your responsibility as the client, they are only paid if your case is successful. If your case doesn’t result in a recovery, you generally won’t be responsible for reimbursing these costs.
The Importance of a Written Agreement
Given the complexities surrounding fees and expenses, it’s crucial to have a clear, written agreement with your lawyer before proceeding with your case. This agreement should outline the following:
- The percentage of the contingency fee
- Expenses for which you can expect to be responsible
- How and when these expenses will be paid
- What happens if your attorney does not win your case
The personal injury lawyers at Haug, Farrar & Franco, PLLC, believe in complete transparency regarding fees and expenses. We’re committed to making sure our clients are fully informed and comfortable with the financial aspects of their cases from the outset. We’ll walk you through our fee agreement so you understand every aspect before moving forward.
Do You Have a Question? Contact Our Gulfport, MS, Law Firm Today
We’re committed to providing clear, straightforward answers to all your questions — including those about contingency fees, expenses, and any other aspects of your personal injury case. Our experienced personal injury attorneys will take the time to explain everything in detail so you feel confident and informed as we progress with your case.
Don’t let concerns about legal fees prevent you from seeking justice and compensation for your injuries. Contact Haug, Farrar & Franco, PLLC, today at (228) 872-8752 or through our online form for a free, no-obligation consultation with a personal injury lawyer. We’ll review your case, explain our fee structure, and help you understand all your options.