What is a Contingency Fee Agreement?
In trust litigation, attorneys are allowed to enter into contingency fee agreements with their clients. This simply means that the payment of attorney fees is “contingent” upon the outcome of the case. There are strict rules that must be followed for these agreements to be allowed in Florida. Attorney’s at Kovar Law Group makes sure to explain every detail of their agreements with prospective clients and will always have them sign a written document confirming those conversations. The contingency agreement should discuss the costs of litigation and how the case will be handled if it is settled before or during trial.
Attorneys that enter into contingency agreements are bearing much of the risk in the case and therefore can charge higher fees if there is successful recovery of assets. You always have the option of paying your attorney on an hourly basis. If you do so, most law firms will require a significant retainer to begin working on your case.
If you would like to discuss your case, call Kovar Law Group today for a FREE consultation. Call today at (727) 827-7777.