| Q.
What is a contingency fee agreement?
A.
Under a contingency
fee agreement, a law firm is paid out of
any damages that are awarded. If you hire
Wilkes & McHugh, P.A. under a contingency
fee agreement, you will not pay us any attorney
fees unless we recover damages in the course
of handling your claim.
Q.
“No recovery, no fee.” What
does that mean?
A.
Your recovery
is the amount of money awarded as the result
of your lawsuit. If we are unable to help
you recover damages in the course of handling
your lawsuit, you will not be liable to
pay us any fees out-of-pocket. It’s
simple — you will not pay us any attorney
fees unless we win.
Q.
What is the difference between a fee and
a cost?
A.
Our fee
is the percentage
that we get paid of the award we recover
for you in your lawsuit. If you decide to
retain Wilkes & McHugh, P.A., you and
a lawyer will discuss our fees before you
sign an agreement to hire us. Costs
are the expenses we incur while handling
your claim. Each state has different requirements
and rules regulating payment of costs. While
most states allow for the waiver of costs,
your state may not allow for such a provision.
If you would like additional information
about how costs are handled in your state,
ask to speak to a lawyer at any one of our
offices by calling 800-255-5070.
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