What Is the Difference Between an Hourly Fee & Contingent Fee?

Finding the right person for the job when it comes to legal matters is critical. Many people believe hiring an attorney means paying a significant amount of money upfront or hourly. This may put off some who are not sure they can afford to hire an attorney. 

At John Foy & Associates, we take pride in offering our clients the very best legal services possible. We work hard and focus on bringing support to victims. We also work on a contingent fee. That means that if you do not win your case, you do not pay our attorney fees. By providing this service to you, we alleviate the risk that you have to pay out-of-pocket now for the legal support you need.

We do not want you to put off getting the legal help you need for cost reasons. Instead, call John Foy & Associates now to set up a free, no-obligation consultation with our legal team. Our client testimonials paint a wide picture of how we can help you.

What does Contingency Fee Mean?

If you are looking for a no-win, no-fee lawyer, that often means you are looking for an attorney who works on a contingency fee. That means that we do not charge our clients a fee for our legal representation if we do not win their case for them. If we take on your case, we will work our hardest to ensure you receive any damages you are owed under the law.

In most situations, we win your case. That means that you pay us a fee based on the amount you win, which is often a percentage. This allows you to pay out of the settlement you receive instead of having to pay us at the time of providing service.

If you lose your case and you do not receive a settlement, you owe our legal team nothing for our services. No matter how many hours we put into your case and how much we fight for your right to compensation, you owe us nothing if you do not win your case. At John Foy & Associates, we typically operate as a contingency attorney for most of the legal services we offer related to personal injury. 

How do Hourly Attorneys Work?

There are times when legal services are charged by the hour. Hourly payments are very straightforward and specific. You learn what the fee is, you are given some idea of the number of hours that go into the work for your case, and you pay that fee when you receive service.

No matter if you win or lose your case, you will consistently pay the hourly fee you agreed upon at the time of getting services from your attorney. Typically, you will receive an estimate for the number of hours the work will take, and then you will learn the hourly fee. While there are situations where the work may become more involved, and costs will rise, most of the time, you have some idea of what to expect.

In this type of fee arrangement, you are only paying for the amount of work that your legal team puts into your case. If you expect to just need help filing the claim and are not likely to have to go to court to fight for compensation, an hourly strategy can work well. It allows you to pay a smaller fee for your services.

What Other Fees Are Involved?

The hard part of this structure is knowing what is likely to happen in your case. There are some situations where we charge an hourly rate. We are happy to discuss this type of payment arrangement with you if you feel it may serve your needs better.

As a lawyer who works on contingency, we are often asked about other fees. There are other potential fees you may have to pay for legal services, such as filing fees. Any fee that you may have to pay we will tell you about in advance and provide clear insight into the legal options available to you.

Other potential costs related to your legal services may include court costs, filing fees, expert witness fees, and discovery costs. Allow our legal team to explain any of these costs as they apply to your situation. Read through our case results to learn more about our firm.

What Is the Benefit of Working with a Contingency Fee Attorney?

There are many benefits to working with a contingency fee attorney. That is why you should consider John Foy & Associates. When you decide to choose a lawyer who only gets paid when you win, you benefit in a number of ways:

• You pay only if you win. That means if you win nothing, you pay nothing. That eliminates risk.
• If you cannot pay for the legal services you need upfront, this method alleviates that concern. That means more people can access the legal support they need.
• You have a good idea of what fees you will pay. We are always upfront with you about the fee schedule.

As you take into consideration the legal strategies available to you, know that our team is dedicated to providing comprehensive transparency to you. We always keep you up to date on the legal steps and strategies we are taking. We consistently work to ensure you know that we are working on your case.

Schedule a Free Consultation Now to Learn More About Your Legal Rights

We also do not charge you for a consultation. Set up one, come in, or speak to us to learn more about your rights. Let us help you better understand the difference between hourly and contingency fees based on how it may work in your case.

You can trust John Foy & Associates to be there for you. Contact our personal injury lawyer now to learn how we can guide you. Call us today for a free consultation.