I have heard, you have to watch out for these characters, everything's fine if they win the case, but if they lose, you're on the hook for untold thousands of dollars for whatever the cost of your case, and you may be paying for the rest of your life. Sure, they might say, no fee unless you win, but that might not be the truth and there's nothing you can do about it
Not true. At the outset, the client signs a fee contingency agreement which must state exactly what, if any, expenses the client is liable for in the even that the action is unsuccessful. Sometimes a client racks up bills like credit card, back rent/mortgage, car payments, etc. while they're waiting for a settlement. If there is no settlement, they are on the hook for all that. But those are not legal expenses. Under a fee contingency agreement any legal expenses like hiring expert witnesses, interviewing witnesses, getting accident reports or medical records, attorney & paralegal fees, etc. are all the responsibility of the attorney if there isn't a settlement in the client's favor.
I have heard, you have to watch out for these characters, everything's fine if they win the case, but if they lose, you're on the hook for untold thousands of dollars for whatever the cost of your case, and you may be paying for the rest of your life. Sure, they might say, no fee unless you win, but that might not be the truth and there's nothing you can do about it
One needs to read the engagement letter carefully..
@@dr.michaellittle5611yes or just no that you have a rock solid case then take the settlement from the insurance company.
Not true. At the outset, the client signs a fee contingency agreement which must state exactly what, if any, expenses the client is liable for in the even that the action is unsuccessful. Sometimes a client racks up bills like credit card, back rent/mortgage, car payments, etc. while they're waiting for a settlement. If there is no settlement, they are on the hook for all that. But those are not legal expenses. Under a fee contingency agreement any legal expenses like hiring expert witnesses, interviewing witnesses, getting accident reports or medical records, attorney & paralegal fees, etc. are all the responsibility of the attorney if there isn't a settlement in the client's favor.
Check your facts.