The legal fees that are paid to a lawyer for a case if subject to money awarded are called contingent fees. In case there is a monetary award, the lawyer gets a percentage of the recovery. There is no written law about the contingent fees the attorney can charge a client. However, the rates are quite uniform because of the competition in this field. The lawyer charges more contingent money in those cases where he needs to spend more time or more money. In certain cases, such as worker compensation claims or claims under the federal law, the fees are regulated by the law.
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Posted on Wednesday, January 24th, 2007. Filed under: Law Misc
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