The contingent fee is the most common form of payment arrangement for plaintiffs (victims) seeking representation in consumer fraud litigation. Under a contingency fee arrangement, if you do not prevail in your case, ATL is entitled to nothing. The contingent fee gives injured people, whatever their financial means, an “even break” in the courtroom against big companies and wealthy individuals. Were it not for the contingent fee, people of lesser means might not be able to have their day in court.
The “contingent” aspect of the fee means that if there is no recovery, there is no attorneys’ fee owed. There are a number of advantages to this type of fee arrangement, the most obvious of which, is the absence of a risk of owing ATL a fee when there has been no recovery by you. Another important advantage of this type of fee arrangement is the security the client should feel knowing that ATL has the same incentive as that of the client. Namely, ATL succeeds when YOU succeed and not otherwise. The fact that ATL is willing to handle a client’s case on a contingent fee basis is a reflection of ATL’s confidence in its ability to obtain a recovery in the case.
The percentage of the award charged on a contingency fee basis depends upon the type of case. ATL advises its clients up front of all applicable fees and openly address any questions our clients may have. Although one case may demand a higher percentage fee than another, all contingency fees are paid only when there is a monetary recovery on behalf of the client.