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  1. #1
    Join Date
    Nov 2007
    Posts
    10

    Question Can You Negotiate a Lower Contingency Fee

    WA state

    I had auto accident..in which the other party rear ended and hit n run but through license plate ...we could find him but his insurance company is adamant about reasonable settlement value for personal injury portion of the claim.
    They paid for total loss of our car..

    I talked to few lawyers and they want 33% or more.. ..and am wondering if any one can suggest a lawyer who is reasonable about this contingency fees..like 25% of any settlement amount which is above, the amount, already offered by that insurance company?

  2. #2
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Can You Negotiate a Lower Contingency Fee

    You can propose to any lawyer whom you contact that they agree to a lower percentage, or to take a fee only on an additional recovery. They are free to say "no".

    You can also try to find a lawyer who you will pay by the hour, if you believe that will save you money. If you do that, I suggest being careful that you don't end up spending even more than you would on contingency.

  3. #3
    Join Date
    Jan 2010
    Location
    New Jersey
    Posts
    3,663

    Default Re: Can You Negotiate a Lower Contingency Fee

    Good luck finding a lawyer that would take your case on your terms. 1/3 is common practice across the board. When a law firm asks for more then a 1/3 it because a trial is usually needed for an award and a jury trial takes many more hours that your lawyer needs to prepare and present his case for you. With a law firm spending so much time on your case that law firm will not take as many cases and lose money, this is why they charge an extra 12 to 17% more. But if an attorney tells you 45% on a straight forward case that requires no trial, you should run.

  4. #4
    Join Date
    Mar 2007
    Posts
    9,096

    Default Re: Can You Negotiate a Lower Contingency Fee

    I just want to make sure I understand what you want.

    You want an attorney to not only drop to a 25% contingency, but only on those monies ABOVE what the insurance company is already offering?

    yeah, that isn't going to happen.

  5. #5
    Join Date
    Aug 2011
    Posts
    3

    Default Re: Can You Negotiate a Lower Contingency Fee

    Everything is negotiable including a lawyer’s contingency fee. However, you should be wary of attorneys who are willing to lower their fee. You have to ask, “Why are they willing to reduce the fee?” Do they need the business? Do they have the experience and resources to handle your case? Or are there unique circumstances regarding your case? Instead of worrying about the reduction or non-reduction of fees, you should be concerned about how competent the attorney is and what type of experience they have in the area?

  6. #6
    Join Date
    Aug 2011
    Posts
    8

    Default Re: Can You Negotiate a Lower Contingency Fee

    You Can Always Negoiate a contingency fee but unless you have a great case its not likely you'll get it !

    You can improve your recovery if you agree with your attorney he will only chargew 25% if the case goes to Bimding Arbitration. IT's faster and less work for him than a trial.

    Also if you recieve a alrge amount of money have it stated on the record or agreed by all parties that the settlement will be paid to you, monthly yearly or at age 65.

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