A contingent fee agreement, also known as a contingency fee agreement, is a type of payment arrangement commonly used in legal cases. In this agreement, the attorney’s fees are contingent upon the successful outcome of the case. This means that the attorney will only be paid if they can recover a settlement or win a judgment for the client. The fee is usually a percentage of the amount recovered or awarded in the case. Contingent fee agreements are often used in personal injury cases or other types of civil litigation where the client may not have the financial means to pay for legal representation upfront. This type of agreement allows individuals to pursue their legal rights without having to worry about paying legal fees unless they are successful in their case. It also provides an incentive for the attorney to work diligently on behalf of their client, as their own financial interests are tied to the outcome of the case. It is important to note that there may be additional costs associated with a contingent fee agreement, such as court fees, expert witness fees, or other expenses. These costs are typically separate from the attorney’s fees and may need to be paid regardless of the outcome of the case. It is important for clients to discuss these potential costs with their attorney before entering into a contingent fee agreement. In summary, a contingent fee agreement is a payment arrangement where an attorney’s fees are contingent upon the successful outcome of a case. This type of agreement allows individuals to pursue legal action without having to pay upfront fees and provides an incentive for the attorney to work diligently on their client’s behalf. However, it is important for clients to understand any additional costs that may be associated with a contingent fee agreement. The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] TIMOTHY L. MILES, ESQ.Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |