May 20, 2024

Why Does Morgan & Morgan Work on a Contingency Fee Basis?

Why Does Morgan & Morgan Work on a Contingency Fee Basis - lawyer signing agreement with client

As the nation’s largest personal injury law firm, there is no case too large for Morgan & Morgan. And as a family law firm that fights For the People and not the powerful, there is also no case too small.

Morgan & Morgan wants all personal injury victims to have access to the legal help they need, regardless of the size of their bank accounts. That’s why we work on a contingency fee basis.

When a personal injury lawyer works for a contingency fee, it means that the attorney will not accept any payment for their services until a case is won or a settlement is received. The lawyer will then take their fee from the compensation recovered.

That’s right—the Fee Is Free™, and you only pay if we win your case.

If you or a loved one were injured because of someone else’s actions or negligence, Morgan & Morgan can help to fight for the full and fair compensation you deserve, and at no cost to you with upfront fees. 

Hiring one of our lawyers is easy, and you can start this very minute with a free case evaluation.

 

What Are the Benefits of Contingency Fees?

Lawyers working on a contingency fee basis are motivated to take on cases they believe they can win, either in settlement or in court. This means that at the outset of each potential case, a lawyer will take his or her time to evaluate the facts of that case and determine the likelihood of a positive outcome in the client's favor. This includes careful consideration of the resources and expenses that must go into pursuing the case, as well as the potential upside for the client in the end. 

Let’s break down the real advantages to a contingency fee system.

 

Access to Justice for All

One of the primary reasons Morgan & Morgan works on a contingency fee basis is to ensure that everyone has access to justice, regardless of their financial situation. Legal representation can be prohibitively expensive, and many individuals might shy away from pursuing their rightful claims due to the high upfront costs of hiring an attorney.

  • No Upfront Costs: With a contingency fee arrangement, clients do not need to pay any money upfront. This is particularly important in personal injury cases, where victims might already be facing significant medical expenses and loss of income.
  • Risk-Free for Clients: Since Morgan & Morgan only gets paid if we win the case, clients can pursue their claims without the risk of further financial strain. This model provides peace of mind and encourages individuals to seek legal recourse without fear of financial repercussions.

 

Aligning Interests of Attorneys and Clients

The contingency fee structure aligns the interests of the attorney and the client. Both parties are motivated to achieve the best possible outcome in the case.

  • Motivation to Win: Attorneys working on a contingency fee basis are directly incentivized to win the case and secure the maximum possible compensation for their clients. This is because their payment is contingent upon the successful resolution of the case.
  • Higher Settlements: Since the Morgan & Morgan’s fee is a percentage of the settlement or award, there is a strong incentive to obtain the highest possible amount. This alignment ensures that the attorney is as committed to the case as the client.

 

Leveling the Playing Field

Contingency fees help level the playing field between individuals and large corporations or insurance companies. Without this model, many individuals would be unable to afford the legal representation necessary to challenge these powerful entities.

  • Equal Footing: Large corporations and insurance companies often have vast resources and legal teams at their disposal. By working on a contingency fee basis, Morgan & Morgan enables clients to have representation that can match or exceed the resources of these entities.
  • Empowering Clients: Clients can feel empowered knowing they have experienced and dedicated attorneys fighting on their behalf, without worrying about the cost.

 

Focus on Merit

The contingency fee model ensures that attorneys take on cases with merit, as their payment depends on the successful outcome of the case. This naturally filters out frivolous lawsuits and ensures that only genuine claims are pursued.

  • Case Evaluation: Attorneys carefully evaluate each case to determine its merit before agreeing to represent a client. This thorough vetting process ensures that both the client and the attorney are investing their time and resources in a case with a strong chance of success.
  • Meritorious Claims: Clients can trust that their attorneys believe in the strength of their case and are committed to fighting for justice on their behalf.

 

Financial Flexibility for Clients

For many clients, the aftermath of an injury or accident can bring significant financial hardship. Medical bills, lost wages, and other expenses can quickly accumulate. The contingency fee model provides financial flexibility during this challenging time.

  • Delayed Payment: Clients do not have to worry about paying legal fees until they receive their settlement or award. This delay allows them to focus on their recovery and other financial obligations.
  • Recovery First: Clients can prioritize their physical and emotional recovery without the added stress of immediate legal costs.

 

Transparency and Trust

Morgan & Morgan’s contingency fee model fosters transparency and trust between the attorney and the client. Since the attorney’s fee is contingent upon a successful outcome, there is a built-in transparency regarding costs and fees.

  • Clear Agreements: The terms of the contingency fee arrangement are clearly outlined in the retainer agreement, ensuring that clients understand how fees will be calculated and paid.
  • Trust Building: Clients can trust that their attorney is working diligently on their behalf, as their financial interests are directly tied to the outcome of the case.

 

Broad Range of Cases

The contingency fee model allows Morgan & Morgan to handle a wide range of cases, from personal injury and medical malpractice to employment law and class actions. This versatility is possible because the firm can take on cases that might be financially unfeasible for clients to pursue on their own.

  • Diverse Representation: Clients from various backgrounds and with different types of claims can seek representation without worrying about the cost.
  • Expansive Reach: The firm’s ability to handle numerous case types ensures that more individuals can access legal help for their specific needs.

 

If We Don't Win, Do I Owe My Personal Injury Lawyer Money?

As mentioned before, a contingency fee basis agreement means that you and your attorney work with the expectation that if you successfully recover compensation from your lawsuit or settlement, your attorney will recover a percentage of the outcome. Other expenses, such as filing and copying, may be handled separately by your lawyer's office. Always ask to read through any contract and to work directly with your Morgan & Morgan attorney to learn more about what to do in these circumstances and what you may be financially responsible for.

But generally, if Morgan & Morgan does not win your case, you do not owe the attorney any fees. This is a key aspect of the contingency fee arrangement and one that offers significant peace of mind to clients.

  • Zero Attorney’s Fees: If the case is unsuccessful, you will not be responsible for paying any attorney’s fees. This ensures that you can pursue your legal rights without the risk of incurring additional financial burdens.
  • Minimal Financial Risk: By taking on cases on a contingency fee basis, Morgan & Morgan assumes the financial risk. This means that the firm invests its resources in your case and only recovers its expenses if the case is successful.

 

Morgan & Morgan Can Help

Morgan & Morgan’s commitment to working on a contingency fee basis is rooted in a deep dedication to justice, fairness, and client advocacy. This model ensures that legal representation is accessible to everyone, regardless of their financial situation, and aligns the interests of the attorney and the client. By eliminating upfront costs and aligning payment with successful outcomes, Morgan & Morgan empowers clients to seek justice without fear of financial burden.

The contingency fee structure not only provides financial flexibility and transparency but also levels the playing field, allowing individuals to challenge powerful entities with confidence. Morgan & Morgan’s approach reflects a broader mission to uphold the rights of individuals and ensure that everyone has the opportunity to pursue their rightful claims.

If you or a loved one has been injured or wronged, consider reaching out to Morgan & Morgan. Our experienced attorneys are dedicated to fighting for your rights on a contingency fee basis, ensuring that you receive the best possible representation without the worry of upfront legal costs.

During your case, you get the confidence of knowing that your lawyer has the right experience and commitment to handle your case based on their years of experience. You know that when they work on a contingency fee basis that you don’t need to come up with funds for an expensive retainer or pay for hourly work they do on your case. Make sure you discuss the payment arrangement directly with your lawyer so that you’re all on the same page. 

With Morgan & Morgan, our fee is always free until we win. Contact us today for a free, no-obligation case evaluation to learn more about how we can help your case.