Contingency fee is a payment method for lawyers where they get a percentage of the amount their client wins if they succeed in the case. Most law firms work on fixed hourly fees. Contingency lawyers only get paid if they win or settle. This is more common in personal injury cases, with lawyers receiving 20% to 50% of the total amount awarded to the client. These lawyers are motivated to work hard for their client’s success. They have a high standard on the type and case-specific reasons factors for them to engage.

In a contingency fee agreement, the contingency lawyer only receives compensation if the lawyer has successfully represented the client. The lawyers take on the expenses of researching, filing the case motions, and court appearances. What the law firm receives is contingent upon the outcome of the lawsuit. Contingency fees are most common in personal injury cases. A successful lawyer receives an award ranging from 20% to 50% of the recovery amount.