Hire A Staten Island Accident Lawyer Without Ever Paying Money Out of Your Pocket: The Contingency Retainer Agreement Provides Access to Justice

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The average American watching a high profile Court battle is often left with the belief that whichever litigant has the most money will win the case. Very often, only the wealthy have access to justice using the Courts. That is not true in a personal injury case. Even a person with no money can hire the best lawyers and the best experts to recover money.

For a person injured in an accident, money is no object in hiring a Staten Island Accident lawyer who uses a Contingency Retainer Agreement. There is no fee unless you win, and any fee or costs associated with the case are payable at the end from the money recovered.

A Contingency Retainer Agreement is the type of fee arrangement used by The Bisignano Law Firm. Under this arrangement, the lawyer agrees to represent the injured party in a personal injury case and to be paid a percentage of the settlement or verdict if the case is successful. The usual fee is One-Third of the recovery. In certain types of cases, the fee is subject to Court approval.

Here are some benefits of a Contingency Retainer Agreement for an injured person.

  1. No Retainer Fee: Most lawyers bill by the hour and require an up front retainer fee in order to proceed with your case. In a personal injury case, with a Contingency Retainer, the client does not have to take any money out of his or her pocket to hire the lawyer. The client will never receive a bill at any time during the case to pay for the attorneys hours spent working on the lawyer will receive his fee at the conclusion of the case out of the money recovered.
  2. No Up Front Costs: Litigation is a very expensive proposition. There are significant costs necessary to fund a litigation that may take years. These costs include filing fees, expert reports, and investigation expenses just to name a The contingency retainer provides that the lawyer will front all these costs on behalf of the client. At the end of the case the lawyer will be reimbursed from the money recovered for the expenses paid to fund the litigation.
  3. Motivation for the Lawyer: Because the lawyer’s fee is tied to the outcome of the case, the Lawyer has a strong incentive to work hard to achieve the best possible result for his or her It is a partnership in which the Lawyer has a stake in the claim and will work diligently to recover the most money possible. It also means that upon intake, the Lawyer will make a business decision whether to accept the case or not. The lawyer will not accept the case unless he believes it will be successful.
  4. Reduced Financial Risk: In the unlikely event the case is dismissed, the client bears no monetary risk of losing money. The client never puts money out of his or her pocket and is not responsible to re-pay the lawyer for the costs or fees associated with the case is it is.
  5. Access to Legal Representation: A Contingency Retainer Agreement can provide access to legal representation for individuals who might not otherwise be able to afford it. This can help level the playing field for plaintiffs who are going up against wealthy defendants, large corporations or powerful insurance companies.

 

The history of Contingency Retainer Agreements date back centuries, with the earliest known example taking place in ancient Greece. In the 4th century B.C., orator Demosthenes represented a client on a contingency basis in a lawsuit over a cargo of corn. In medieval England, contingency fees were common in cases involving the recovery of land or money. These fees were often called “champerty” fees. The jurisprudence in the United States has long recognized contingency fee agreements between Lawyers and their clients since the 1800s.

Contingency retainer agreements have a long history of success in the legal system and offer many benefits to plaintiffs in personal injury cases. These agreements allow plaintiffs to access legal representation without having to pay up-front costs, and they incentivize attorneys to work diligently on behalf of their clients. As such, contingency retainer agreements are an important tool for ensuring that all individuals have access to justice, regardless of their financial resources.

If you or a loved one is seriously injured in an accident, hire a Staten Island Accident Lawyer. The Bisignano Law Firm has a proven track record of recovering the highest amounts possible in personal injury cases for its seriously injured clients. We are aggressive on your behalf with a respected tradition of giving personal attention to our clients. We will take the burden off you and handle all matters related to your accident.

All consultations are FREE. There is NO FEE unless we make a recovery. We work on a contingency basis, meaning that our fee is a percentage of the amount recovered. There is no fee unless there is a recovery. Expenses are payable on the conclusion from the amount recovered. You never have to take money out of your pocket to hire an experienced and reputable law firm.

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