Skip to content

CALL 949-218-5676 TODAY TO SPEAK WITH AN ATTORNEY - SE HABLA ESPAÑOL

FREE CONSULTATION 949-218-5676

Irvine's Leading Accident Lawyers
Irvine's Leading Accident Lawyers
menu

Understanding Contingency Fee Agreements | Kubota & Craig

Contingency Fee Agreements: How Personal Injury Attorneys Get Paid

Thanks for visiting our blog! Today, I’m going to demystify a crucial aspect of personal injury law that often raises questions: contingency fee agreements. I’ve spent years practicing law at Kubota & Craig in Irvine, CA, and I’ve found that many clients are curious about how personal injury attorneys like us are compensated for our services.

So, let’s dive right in and explore the world of contingency fees, shedding light on the process and the benefits they offer to those seeking justice.

What Are Contingency Fee Agreements?

Contingency fee agreements are at the heart of personal injury law. They are a unique payment arrangement that allows individuals who have been injured due to someone else’s negligence to access legal representation without upfront costs. Here’s how it works:

  1. No Win, No Fee: When you hire a personal injury attorney on a contingency basis, you only pay legal fees if your case is successful. This is often referred to as the “no win, no fee” arrangement.
  2. Percentage-Based: Instead of charging hourly rates or flat fees, personal injury attorneys take a percentage of the compensation you receive if you win your case. This percentage is agreed upon in advance and is typically around 30% to 40% of the final settlement or judgment.
  3. Upfront Costs: While you won’t pay attorney fees upfront, there may still be some costs associated with your case, such as court filing fees, expert witness fees, and investigation expenses. These are usually covered by the attorney and reimbursed from your settlement if you win.

The Benefits of Contingency Fee Agreements

Contingency fee agreements offer several advantages to clients, making legal representation accessible to a broader range of individuals:

Access to Justice

Contingency fees make it possible for anyone with a valid personal injury claim to seek legal help, regardless of their financial situation. This ensures that justice is accessible to all, not just those with deep pockets.

Motivated Attorneys

Personal injury attorneys are highly motivated to secure the best possible outcome for their clients. Since their fees depend on winning the case, they are incentivized to work tirelessly to achieve a favorable result.

Risk Reduction

Choosing a contingency fee arrangement reduces the financial risk for clients. If your case is unsuccessful, you won’t owe your attorney any fees. This risk-sharing approach aligns the interests of both attorney and client.

The Contingency Fee Process

Now, let’s walk through the typical process of how contingency fees work in a personal injury case:

Initial Consultation

Your journey begins with a consultation. During this meeting, your attorney will evaluate the merits of your case and determine whether it’s suitable for a contingency fee arrangement.

Agreement and Representation

If both parties agree to proceed, you and your attorney will sign a contingency fee agreement. Your attorney will then provide legal representation, investigating your case, gathering evidence, and negotiating with the opposing party or their insurance company.

Settlement or Trial

Your attorney will work diligently to secure a fair settlement on your behalf. If negotiations fail, they will take your case to trial, where they will advocate for your rights in court.

Payment from Compensation

If you win your case, your attorney’s fees and any associated costs will be deducted from your compensation. The remaining amount will be yours to cover medical expenses, lost wages, and pain and suffering.

Seek Professional Legal Assistance

Understanding contingency fee agreements is vital when navigating the world of personal injury law. While these arrangements provide access to justice for many, it’s essential to consult with an experienced attorney like those at Kubota & Craig in Irvine, CA.

Our team is dedicated to representing your interests, ensuring that you receive the compensation you deserve. Remember, we don’t get paid unless you win your case, so we’re fully invested in achieving a favorable outcome for you.

If you find yourself in need of legal assistance after a personal injury, don’t hesitate to reach out to Kubota & Craig. We’re here to guide you through the process and fight for your rights. Contact us today for a free consultation.

 

  • Disclaimer: The legal information presented in this article should not be construed to be formal legal advice, nor the formation of a lawyer or attorney client relationship.
Irvine's Leading Accident Lawyers
Kubota & Craig
5.0
Based on 22 reviews
powered by Google
martin merchiorymartin merchiory
06:57 13 Aug 24
Working with Yoshi and Cynthia after my accident was a fantastic experience. Their team was friendly, knowledgeable, and always available to answer my questions. They took care of everything, allowing me to focus on my recovery. I felt genuinely supported throughout the entire process. If you need a personal injury lawyer who truly cares, Kubota & Craig is the way to go.
jessica jacobsjessica jacobs
23:21 05 Aug 24
Cynthia and all the staff have been there for me since my accident. I didn’t have to worry about a thing and they made sure I was taken care. Really above and beyond service. Thank you!
April SalazarApril Salazar
02:19 27 Mar 24
My experience working with Cynthia and Yoshi was excellent. They go above and beyond for their clients. I’m so happy to have found a law firm that I trust to refer all my family and friends to. It’s a great feeling knowing that during a difficult time, someone is on your side to help you through.
Omer QuitzonOmer Quitzon
08:11 02 Mar 24
Finding a reliable legal team was crucial following an Orange County auto accident. Kubota & Craig's continuous attention and skill exceeded my expectations. Together with their team, Yoshi and Cynthia gave me thoughtful, caring representation that made sure I was informed and at ease at every step of the way. For anyone in need of outstanding legal aid in personal injury matters, they come highly recommended because of their shown commitment to achieving the best possible outcome for my case. Definitely a shining example of care and professionalism in the legal world.
James SJames S
19:14 15 Feb 24
“I was absolutely impressed by Yoshi Kubota's professionalism and approachability! Feeling a bit anxious reaching out to an attorney, Yoshi immediately put me at ease. He is an incredibly knowledgeable and patient person. I highly recommend him!”
Josie FlemingJosie Fleming
03:58 31 May 23
I had the misfortune of being in a car accident near the Irvine Spectrum Center last year, but the amazing team at Kubota & Craig turned my luck around. They were friendly and helpful from day one, and thanks to their diligence, I received a great settlement. My family and I are truly happy with the results. Highly recommended.
Jayne PetersonJayne Peterson
12:52 21 May 23
Having been involved in my first car accident, I was feeling very stressed about it. But after searching for car accident lawyers in Irvine and speaking with Yoshi Kubota, I was definitely feeling better about what lie ahead of me. I had full confidence in their ability to get me the maximum amount possible in my situation. Even though they are a very busy firm, they always took the time to answer my questions and address my concerns. I'm so glad I went with this law firm. If you're in need of a car accident lawyer in Irvine, I highly recommend them for their expertise and exceptional service.
Elaine WrightElaine Wright
15:13 20 May 23
If you're in need of the best car accident lawyers in Orange County, California, look no further than Kubota & Craig. They provided top-notch service, and although I wouldn't wish an accident on anyone, I highly recommend them to represent you. Their team was great, and I was always so impressed with Yoshi who handled my case. He got me a fantastic result and was a class-act every step of the way.
Carmen SimpsonCarmen Simpson
05:40 19 May 23
As a satisfied client of Kubota & Craig, I highly recommend their services for anyone in need of an Orange County car accident lawyer. Yoshi and Cynthia's team were exceptional in handling my complex case with the utmost professionalism and efficiency. Throughout the process, they were always available to answer any questions or concerns I had, providing me with much-needed peace of mind. Dealing with insurance adjusters can be a daunting task, but Kubota & Craig made it stress-free. From start to finish, their dedicated team worked tirelessly to ensure that my case was resolved in my favor. I'm grateful for their assistance and thankful to have had such a great group of people by my side during this difficult time. For anyone seeking a reliable car accident lawyer in Orange County, I highly recommend Kubota & Craig.
Vickie StanleyVickie Stanley
09:56 18 May 23
Kubota & Craig provided excellent service as my car crash lawyer. They handled both my case professionally, efficiently, and honestly, helping me get the medical attention I needed and resolving issues with car insurance. The team kept us informed throughout the process and addressed any concerns. I highly recommend their firm.
Marta HayesMarta Hayes
18:12 01 Dec 22
I am so happy with the service I received from Kubota & Craig law firm! Yoshi is not just an amazing attorney, but also a very kind and compassionate man. I so appreciated Yoshi and his staff for taking such great care of me. I received a fast response to all my questions and never felt like I was bothering anyone. The outcome was a fantastic settlement that I am very pleased with. If you need help after a car accident, I highly recommend this firm.
js_loader
Back To Top