Contingency Attorneys for Personal Injury Cases in New York City

When an individual suffers a personal injury due to the negligence or wrongdoing of another party, they may be entitled to compensation for their medical expenses, lost wages, pain and suffering, and other damages. However, many injured parties are hesitant to pursue legal action because they fear the potential costs associated with hiring an attorney and navigating the legal system. This is where contingency fee agreements can provide a valuable solution.

Under a contingency fee arrangement, the injured party can be represented without paying any upfront fees for legal services. Instead, the attorney's fees are contingent upon the successful resolution of the case, either through a settlement or a court-awarded verdict. If the attorney secures compensation for the client, they will receive a predetermined percentage of the recovery as their fee. If no compensation is obtained, the client owes no legal fees to the attorney.

Contingency fee agreements are particularly beneficial for individuals who have suffered significant injuries and may be facing mounting medical bills, lost income, and other financial hardships. By working with an attorney on a contingency basis, these individuals can focus on their recovery and well-being, knowing that their legal team is working diligently to protect their rights and secure the compensation they deserve.

The Law Offices of Albert Goodwin has extensive experience representing personal injury clients on a contingency basis. We understand the physical, emotional, and financial toll that a serious injury can take on an individual and their family. We are committed to providing compassionate, personalized representation to each client, working closely with them to understand their unique needs and goals.

By offering contingency fee agreements in personal injury cases, we make it possible for individuals to pursue justice and secure the compensation they deserve, regardless of their financial situation. Our firm's attorneys are dedicated to fighting for the rights of injured parties and holding negligent individuals and entities accountable for the harm they have caused.

How Contingency Fee Agreements Work

Contingency fee agreements offer a compelling alternative to the traditional hourly billing model in personal injury and commercial litigation. Instead of charging clients an hourly rate for legal services, attorneys working on a contingency basis agree to receive a percentage of the compensation recovered through a settlement or verdict. This arrangement allows businesses and personal injury victims to pursue legal action without the burden of substantial upfront costs or ongoing legal fees.

Under a contingency fee agreement, the client agrees to pay the attorney a predetermined percentage of the total compensation recovered, whether through a negotiated settlement or a court-awarded verdict. The exact percentage may vary depending on factors such as the complexity of the case, the anticipated duration of the litigation, and the law firm's assessment of the potential risks and rewards. Typically, contingency fee percentages range from 25% to 40% of the recovered amount.

One of the defining characteristics of a contingency fee arrangement is that the attorney's compensation is entirely dependent on the successful outcome of the case. If the client does not recover any compensation, either through a settlement or a favorable verdict, the attorney does not receive any legal fees. This aspect of contingency agreements ensures that the law firm's financial interests are fully aligned with those of the client, as both parties have a vested interest in achieving the best possible result.

This arrangement provides a powerful incentive for the law firm to work diligently and efficiently to secure a positive outcome for the client. It also ensures that businesses with meritorious claims can access high-quality legal representation, regardless of their current financial situation. By aligning the interests of the client and the attorney, contingency fee agreements create a mutually beneficial partnership focused on achieving justice and recovering rightful compensation.

The Law Offices of Albert Goodwin has extensive experience representing a diverse range of clients on a contingency basis. Our firm understands that personal injury victims and commecial businesses of all sizes and across various industries may find themselves in need of legal representation but may be deterred by the potential costs. By offering contingency fee agreements, we makes our services accessible to a broad spectrum of clients, from victims, small family-owned businesses to larger corporations.

Our firm's commitment to representing clients on a contingency basis demonstrates our confidence in our ability to achieve successful outcomes and our willingness to share in the risks and rewards of each case. This approach has enabled us to build long-lasting relationships with their clients, who appreciate our firm's dedication to their cause and our ability to deliver results.

Will the Law Offices of Albert Goodwin Take My Case on Contingency?

We understand that the decision to pursue legal action can be daunting, especially when facing financial concerns. That's why our firm offers potential clients the opportunity to discuss their case in an initial consultation. During this meeting, we will listen carefully to the details of your situation, ask clarifying questions, and provide an honest assessment of the strengths and weaknesses of your claim. We will also explain how a contingency fee agreement could work in your specific case, addressing any concerns or questions you may have. We believe in transparency and open communication, and the initial consultation is an important first step in building a strong attorney-client relationship.

Our firm's attorneys are skilled negotiators who can work to resolve disputes efficiently and cost-effectively through direct discussions with the opposing party. We are also well-versed in alternative dispute resolution methods, such as mediation and arbitration, which can often provide a faster and more cost-effective path to resolution than traditional litigation. However, when a fair settlement cannot be reached through these methods, we are prepared to aggressively litigate the case to protect their clients' rights and interests.

If you have a valid legal claim but are worried about the potential costs of pursuing it, don't let those concerns prevent you from taking action. Contact the Law Offices of Albert Goodwin to schedule an initial consultation and learn more about how our firm can help you pursue justice on a contingency basis. With our extensive experience, commitment to client service, and willingness to share in the risks and rewards of your case, the Law Offices of Albert Goodwin is the ideal partner for businesses and individuals seeking to protect their rights and interests in commercial disputes. We represent personal injury victims throughout the state of New York, including all five boroughs of New York City (Manhattan, Brooklyn, Queens, The Bronx, and Staten Island), Long Island, and Upstate New York. You can call us at 212-233-1233 or send us an email at [email protected]. We are located in Midtown, Manhattan.