Understanding a Contingency Fee Agreement
Understanding a Contingency Fee Agreement
With a contingency fee agreement, a person or group can receive legal representation, generally with no out of pocket costs. The Naumann Law Firm’s clients do not incur costs to communicate with attorneys and staff, nor are there out of pocket costs to join a case. By working on contingency, the firm is only paid if funds are recovered for their clients.
In a contingency fee agreement, the lawyer agrees to accept a fixed percentage of the recovery that is paid to the client. If the client (you) wins the case, the lawyer’s fees and case expenses comes out of the settlement funds. Contingency fee agreements help the attorney to get the best possible settlement for his/her client, without the need to invoice. The firm carries the cost throughout the entirety of the litigation. These agreements are also a method to get legal representation for those who are concerned about upfront costs.
At The Naumann Law Firm, attorneys will provide legal services required to represent the client relevant to construction deficiencies in their homes. Such services may include the following: investigation of claim, determination of responsible parties, preparation and/or filing of lawsuit, negotiation of settlement, and/or prosecution of claim by arbitration or legal action until settlement, award, or judgment is obtained.
During the case, Naumann attorneys will cover any expenses throughout the case including: telecommunication expenses, messenger and other delivery fees, postage and express services, duplicating/scanning expenses, filing fees, deposition costs, expert consultant fees, finance and/or interest charges incurred by attorneys in financing the costs of the action, investigator fees, coverage opinion(s) of coverage counsel, and process server fees.
To start a case, clients will sign The Naumann Law Firm’s Contingency Fee Agreement. Often, the firm will begin inspections before a fee agreement is signed. By doing this, the firm can get an initial understanding of how severe defects are.
If you’re a homeowner, association or builder seeking representation in construction defect litigation, our team at The Naumann Law Firm in San Diego can help. We are happy to answer any questions on construction defect litigation and contingency fees.
We have more than 35 years of experience handling significant construction defect cases. To contact us, call 844-492-7474 or visit our San Diego construction defect contact page. We also work with clients in Los Angeles, Orange County, Riverside, San Bernardino.
To learn more about construction defects, click our construction defect litigation page. If you have any questions about contingency fee agreements or are unsure how to proceed, please contact us today for a free consultation with one of our construction defect attorneys.