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Contingent Fee Explained

Attorneys that handle certain types of cases like malpractice, personal injury, etc. will often advertise that “they don't get paid if you don't get paid.” This is an example of a contingent fee agreement. Basically, the lawyer funds the cost of litigation primarily himself or herself and then takes somewhere around 33% or more for themselves when the case is settled or judgment is granted in favor of the lawyers client. This is allowed to allow those people that could not normally afford legal representation to have their day in court. Though the percentage the attorney takes may look high, remember that the attorney is paying the costs up front and bears all the risk of loss.


Attorney Mark Nichols offers contingent fee agreements for certain tort cases and a reduced fee against a contingency for some others (where the client pays filing fees and a drastically reduced hourly rate that is capped at the percentage contingent amount) Please schedule a free initial consultation to see what Attorney Mark Nichols can do for you. Payment plans are available with no credit check and are clearly outlined in the fee agreement. Also, Mark Nichols never charges for an initial consultation!


DISCLAIMER: The information included on this Website, facebook, myspace, twitter, or linkedin is not legal advice. No Attorney-Client relationship is formed by the use of any information found on these sites, or the submission of information via any form on this Website. Any information on this website should not be relied upon without consulting an attorney who is licensed to practice in the jurisdiction of your legal matter. Mark F. Nichols is licensed in the State of Indiana and the Seventh Circut, Northern and Southern Districts. Copyright 2011, The Law Office of Mark F. Nichols. All Rights Reserved.