More In This Category
View Transcript
we get paid on what’s called the
contingency fee which means you don’t
pay us hourly like if you call me up i
don’t bill you i don’t take due hours
and those type of things we get paid at
the end based upon a percentage of
what’s recovered plus we get our costs
back so our pay is based upon you
getting money and based upon
there being a recovery at the end and
based upon the percentage that we agree
to most cases it’s a third there are
some cases that it varies on but it’s
typically a third as far as the most
general personal injury cases go
Minneapolis personal injury attorney, Michael Bryant, discusses contingency fees where injured people pay lawyers nothing unless they win. He explains that the firm works on a contingency fee basis, meaning clients are not billed hourly. Instead, the firm is paid a percentage of whatever amount is recovered, plus reimbursement for costs. Their compensation depends entirely on the client receiving money from the case. Typically, the fee is one-third of the recovery for standard personal injury cases, though it can vary in certain situations.
