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Blogs 2018 May What is a Contingency Fee Agreement?
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What is a Contingency Fee Agreement?

Posted By Law Office of James M. Stanley || 24-May-2018

If you are wealthy or own a large company, you can afford a team of attorneys who will work round the clock to protect your rights, reputation, and future. But how can someone who is living paycheck to paycheck hire a lawyer, especially if they suffered an injury that forces them out of work? These individuals can typically barely afford to pay for housing, food, and other essentials. Who will represent them when they are victims of negligence?

Fortunately, the legal system enables those with low incomes obtain high-quality counsel through a “contingency fee.” Basically, the plaintiff does not have to pay the attorney up front—or even in the middle of the case. The lawyer only receives pay when he/she has won the case and recover financial compensation on his/her client’s behalf.

The lawyer’s fee is “contingent” on being victorious and that often comes after most of the work is done. At the end of the case, the attorney and the plaintiff will divide the money based on the agreed-upon percentage. The split is generally 1/3 to the attorney, 2/3 to the client if the case is settled before a complaint is filed with the court.

Although rates are typically negotiable, the main principle remains the same: no win = no fee. If the attorney doesn’t win the case, there is nothing to divide. However, the division is quite challenging due to two factors: costs from the case and liens.

The following are the most common costs associated with personal injury cases:

  • Costs of service
  • Medical bills and reports
  • Filing fees
  • Police report
  • Investigation fees
  • Deposition costs
  • Mediation costs
  • Arbitrator costs
  • Expert witness costs

If you have been injured in an accident caused by negligent party in Texas, contact the Law Office of James M. Stanley and request a free consultation with our Fort Worth personal injury lawyer today.

Categories: Personal Injury

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The following is a sampling of some of the many cases we have had the privilege to handle on behalf of our clients. Each case is unique and must be evaluated on its own merits. Past results do not predict future results.​​

  • Catastrophic High Pressure Water Injury Resulting in Ruptured Colon, Infections, Multiple Surgeries Required

    NET TO CLIENT $3,069,546.66

  • Catastrophic Brain Injury/Motor Vehicle Accident

    NET TO CLIENT $3,018,051.78

  • Electrocution involving Defective Product

    NET TO CLIENT $2,491,510.87

  • Wrongful Death caused by Employer Negligence

    NET TO CLIENT $1,119,736.98

  • Grandmother seriously injured when rear-ended by 18-wheeler oil

    NET TO CLIENT $977,516.95

  • Wrongful Death due to Employer Negligence

    NET TO CLIENT $852,773.73

  • Wrongful Death caused by Employer Negligence.

    NET TO CLIENT $841,000.00

  • Catastrophic Injury caused by Defective Product.

    NET TO CLIENT $714,000.00

  • Wrongful Death caused by Employer Negligence

    NET TO CLIENT $728,664.19

  • Serious injury caused by 18-Wheeler blocking road

    NET TO CLIENT $584,309.41

  • Wrongful Death caused by Medical Malpractice.

    NET TO CLIENT $443,360.00

  • Wrongful Death and Survival Action

    NET TO CLIENT $461,423.23

  • Wrongful Death of a Fetus and Serious Personal Injury

    NET TO CLIENT $584,062.75

  • Wrongful Deaths

    NET TO CLIENT $532,211.06

  • Wrongful Death of a child

    NET TO CLIENT $499,266.40

  • Serious injuries to driver of 18-wheeler

    NET TO CLIENT $465,230.35

  • Wrongful Death caused by Medical Malpractice.

    NET TO CLIENT $359,520.00

  • Wrongful Death of a Child

    NET TO CLIENT $303,070.11

  • Wrongful Death of a Child

    NET TO CLIENT $380,345.57

  • Wrongful Death caused by physician negligence

    NET TO CLIENT$345,526.90

  • Serious Personal Injury

    NET TO CLIENT $352,813.23

  • Wrongful Death of a Child

    NET TO CLIENT $320,706.81

  • Medical negligence by hospital

    NET TO CLIENT $284,156.68

  • Wrongful Death Alcohol-Related Accident

    NET TO CLIENT $341,061.50


*The amounts reflected are the actual dollar amounts received by clients after deduction of attorney’s fees and expenses.
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* James Stanley is the only attorney of the Law Office of James M. Stanley that has been inducted into the Multi-Million Dollar Advocates Forum and Million Dollar Advocates Forum

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