No Fee or Costs unless Successful
The Law Office of Stephen R. Fine accepts most personal injury cases on a contingency fee basis. The contingency fee is the most common form of payment arrangement for plaintiffs seeking representation in personal injury litigation. Instead of billing the plaintiff on an hourly basis, a contingency fee means we are entitled to a percentage of the settlement or trial award, usually one-third or one-fourth when representing a minor. If you do not receive any compensation for damages, our firm is entitled to nothing. The contingent fee is perhaps the one device in law that gives injured people, no matter what their financial means, an even break in the courtroom against giant corporations and insurance companies. Were it not for the contingent fee, people of the middle class or of low economic means would not be able to have their day in court, a constitutional right which corporations and insurance companies fight hard to eliminate.
The "contingent" aspect of the fee means that if there is no recovery, there is no attorney 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 our firm a fee when there has been no recovery. Another important advantage of this type of fee arrangement is the security the client should feel at knowing that The Law Office of Stephen R. Fine has the same incentive as that of the client. The fact that we are willing to handle a client's case on a contingency fee basis is a reflection of the confidence in our 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. Clients are advised up front of all applicable fees and we 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.
Payment of Costs
In connection with handling your case, it is virtually certain that we will expend funds on your behalf in order to position the case for settlement and/or trial. Expenses run from fees to copy medical records, fees to file a lawsuit, transcript fees, court reporter fees, expert witness fees, and many others. In complex cases, out of pocket costs to prepare the case for trial can run into tens of thousands of dollars.
Many, if not most, law firms which offer a contingency fee arrangement, hold the client responsible for reimbursement of costs if the case is unsuccessful.You will not be charged any fees or costs for services unless we are successful in securing a recovery in your case. There are no up front or hidden costs. Simply stated, you pay nothing unless and until money is recovered for you.