2006-08-15 10:32:57 · 17 answers · asked by carl z 1 in Politics & Government ➔ Law & Ethics
No. All a contingency basis means is that there is a risk involved in the litigation that the lawyer is willing to take in order to profit highly off his success. Actually, by the legal profession rules, attorneys can only take cases on a contigency fee basis if they involve some risk. So actually, your perception that you are more likely to win the case is quite the opposite.
2006-08-15 10:56:09 · answer #1 · answered by darshunk 2 · 0⤊ 0⤋
It DOES NOT mean that the attorney thinks you have a winning case. It simply is the way he/she bills a client. Typically, if its a personal injury action, unless you're truly injured (which most plaintiff's aren't), the attorney thinks that he/she may have a shot at forcing the insurance company to settle for at least $5-$8 thousand dollars....of which they get 1/3.
2006-08-15 10:45:48 · answer #2 · answered by The Answer Guy 1 · 0⤊ 0⤋
The best Lawyers work billable hours. Continget fee lawyers are the legal equivelent of a resurant with a lunch special and nobdy sitting at the tables. All Lawyers are motivated by win or loss more than anything else as that record follows him and determines his success in his profession. They will even work Pro-bono (Without fee) if it will benifit this score. I'd be very wary of the credentials of any Lawyer who takes continget work.
2006-08-15 12:22:31 · answer #3 · answered by W0LF 5 · 0⤊ 0⤋
A lawyer usually won't take a case on a contingency fee basis unless he thinks there is at least a reasonable chance that you will win a settlement or a judgment large enough to pay him for his time.
2006-08-15 11:07:16 · answer #4 · answered by rollo_tomassi423 6 · 0⤊ 0⤋
not necessarily true. the attorney may take your case if they see a strong potential of you winning, but just on the contingency basis, doesn't necessarily guarantee a better chance of winning a lawsuit. it all depends on how the attorney presents the case.
2006-08-15 10:39:11 · answer #5 · answered by islandgrl 4 · 0⤊ 0⤋
No matter the amount of the retainer, you are not guaranteed to win your case. However, when an attorney works on contingency, they tend to be more aggressive but may provide you with legal services you don't need just to run up legal fees.
2006-08-15 10:38:41 · answer #6 · answered by Gotti G 2 · 0⤊ 0⤋
You bet, nobody works for the humanitarian way of life. Poor blessed souls of the world just don't get it! In any event, I would say the likelihood of winning or more than likely settling out of court is very probable.
2006-08-15 10:40:11 · answer #7 · answered by soniaatcalifornia 5 · 0⤊ 0⤋
There is a much greater likelihood of winning. There is also, a greater likelihood of paying the lawyer 40%, instead of the formerly usual rate of 33%.
2006-08-15 10:40:08 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Unless it is a personal injury lawsuit, your not getting a lawyer on contingency. You will pay dearly as you go along.
2006-08-15 10:43:15 · answer #9 · answered by khcs89120 2 · 0⤊ 0⤋
That seems to be a possibility. Consider that if they are willing to go out on a limb and represent you, collecting only if you win...then they think you are going to win, or have a high likelyhood.
2006-08-15 10:38:23 · answer #10 · answered by winton_holt 7 · 0⤊ 0⤋