Contingency Fees: Your Access to Legal Representation
Contingency fees are a payment arrangement that allows you to secure legal representation without the need for upfront fees or hourly charges. Instead, under this arrangement, the attorney’s compensation hinges on the ultimate outcome of your case. In simpler terms, we only get paid if we successfully recover money or achieve a favorable outcome for you. Typically, our fee is a predetermined percentage of the final settlement or damages awarded by the court. Contingency fees are a fee structure commonly used by securities attorneys. Here’s an explanation of what contingency fees are and why they can benefit you when hiring the securities fraud attorneys at The White Law Group.
Why Contingency Fees Benefit You
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Access to Legal Representation: Contingency fees make legal help accessible, even if you don’t have the immediate financial means to cover legal expenses upfront. You can pursue legal remedies without the burden of immediate out-of-pocket costs.
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Aligned Interests: With contingency fees, our interests are closely aligned with yours. We’re motivated to work diligently, efficiently, and effectively to maximize your recovery because our compensation depends on the case’s success.
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No Financial Risk: Importantly, you won’t bear the financial risk of losing the case. If we are unsuccessful, you typically won’t owe any legal fees. This arrangement offers you peace of mind, ensuring you won’t face additional financial hardship if the outcome isn’t in your favor.
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Focused Representation: Attorneys often exercise careful discretion when taking cases on a contingency basis. We’re more likely to accept cases that we believe have merit and a reasonable chance of success. This translates into more focused and strategic legal representation for you.
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Encourages Settlements: Contingency fees can incentivize opposing parties to settle cases earlier and on more favorable terms. They understand that we are committed to securing the best possible outcome for you.
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Potential for Higher Awards: In some instances, the contingency fee structure can lead to you receiving larger settlements or damages. Our motivation is to maximize your recovery, as it directly impacts our fees.
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Cost-Effective Legal Representation: Without the concern of hourly billing, you can access high-quality legal representation without worrying about escalating costs.
Key Considerations
Before proceeding with a contingency fee agreement, it’s essential for you to fully grasp the agreement’s terms and conditions. Factors to consider include the percentage fee we will charge, whether costs and expenses are separate or included in the contingency fee, and the situations in which we might withdraw from the case.
Contingency fees provide an invaluable option for individuals seeking legal representation, particularly when upfront payment may be a challenge. This arrangement promotes fairness, risk-sharing, and alignment of interests between us as your attorneys and you as the client. It allows you to pursue legal remedies without immediate financial stress. However, we strongly encourage you to thoroughly review and discuss the specifics of any contingency fee agreement with us to ensure complete clarity and transparency about the terms.
Hiring a National Securities Attorney
This information is all publicly available and provided to you by The White Law Group. For a free consultation with our contingency fees attorneys, please call the offices at (888) 637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm dedicated to helping investors in claims in all 50 states against their financial professional or brokerage firm. Since the firm launched in 2010, it has handled over 700 FINRA arbitration cases.
Our firm represents investors in all types of securities related claims, including claims involving stock fraud, broker misconduct, churning, unsuitable investments, selling away, and unauthorized trading, among many others.
With over 30 years of securities law experience, The White Law Group has the expertise to help investors defrauded in securities, investment and financial business transactions attempt to recover their investment losses. For more information, please visit our website, www.whitesecuritieslaw.com.
