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Question:
What is a contingency fee?
Answer:
This is a form of payment to your attorney for their professional services in the handling and management of your medical malpractice case. In this type of arrangement, the attorney is paid for his services as a percentage of the ultimate settlement or verdict in your case. State Bar Associations and statutes differ in their interpretation of contingency fee agreements but the usual percentage is between 30% and 40 % of the recovery. Should the case prove to be unsuccessful, the attorney in a contingency fee agreement receives no reimbursement for their professional services, however the client continues to be responsible for the costs and expenses incurred
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"Contingency attorneys' fees refer only to those fees charged by attorneys for their legal services. Such fees are not permitted in all types of case. Court costs and other additional expenses of legal action must be paid by the client."
Georgia Bar Rules, DR 2-101(B).
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