It's not unusual to have a 40% contingency fee if the case is resolved. That is, assuming that you are not paying 40% or 50% of your personal injury claim to your Trademark Attorney near Hoboken NJ. Can you sue someone who doesn't have insurance? Yes?. But, in general, it's not worth it, since they have no assets to recover their sentence, that is,A piece of paper that says they owe you money. Conversely, if a contingency fee applies to the example above, you don't owe the lawyer anything, since you didn't recover any money on your behalf.
After more than twenty years of practicing personal injury law, let me say that any good lawyer specializing in car accidents will use a contingency fee agreement in which the client owes nothing if no compensation is obtained. My fees increase to 40% when a lawsuit is filed because my company's expenses, my knowledge and the time required to prove a personal injury claim through litigation increase dramatically. However, I will always discuss with my client if their personal injury claim justifies a lawsuit and if we believe that such a lawsuit can increase their recovery. That said, the average contingency fee for a typical attorney ends up being 33%, or 1/3 of a case's total income, but it can reach up to 40% (in some jurisdictions) as the complexity and risk involved in filing the case increases.
Establishing a fair percentage of unforeseen fees for attorneys requires paying special attention to all the factors of the case that may affect its outcome and the level of risk in terms of whether or not the lawyer will receive payment. But, on the other hand, critics point out that the amount of risk taken by the lawyer is too small compared to the high average of unforeseen fees that lawyers usually assume, which are usually 33% or 1/3.
