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Why
Not Pay For Results?
Sample Fee Calculation In
Structured Contingent Fee Case
Fee Agreement: Contingent Fee Percentage Depends on
Stage That the Case Settles
-
Presuit Investigation: 15% Plus Costs
-
After Filing, but Prior to Serving Discovery: 20%
Plus Costs
-
During Discovery, but Prior to Submitting Expert
Reports: 25% Plus Costs
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After Expert Reports, but Prior to Submitting
Dispositive Motions: 30% Plus Costs
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After Dispositve Motions, but Prior to Trial: 35%
Plus Costs
-
After Trial Starts, but Prior to Appeal: 40% Plus
Costs
-
Following Notice of Appeal by Either Party: 45%
Plus Costs
| Example
1: Case Settles Following Suit, but Prior to Discovery |
Example 2: Case Settles
During Trial
|
| |
|
| Up Front Retainer: $ 0 |
Up Front Retainer: $ 0 |
| Client Pays During Litigation: $ 0 |
Client Pays During Litigation: $ 0 |
| Total Recovery: $ 750,000 |
Total Recovery: $ 750,000 |
| Litigation Costs: $ 1,500 |
Litigation Costs: $ 125,000 |
| Contingent Fee: 20% X 750,000 = $150,000 |
Contingent Fee: 40% X 750,000 = $300,000 |
| Balance: $ 600,000 |
Balance: $ 450,000 |
| Balance Less Costs: $ 600,000 - $ 1,500 |
Balance Less Costs: $450,000 - $ 125,000 |
| Total To Client: $ 598,500 |
Total To Client: $ 325,000 |
Our results-based
fee agreements enable you to pursue litigation with no financial
investment. If your case is likely to settle early, our structured
fee agreements can improve your bottom line.
Of course this example is hypothetical, as the
actual fee will depend on your fee agreement. The costs and results
of the litigation will depend on numerous factors related to the
facts of your case. In addition, these examples do not take into
account any potential tax consequences.
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