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What Is a Contingency Fee?

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$4,970,000

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$4,750,000

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What Is a Contingency Fee?

You’ve been injured in an accident and spoken with a few Los Angeles injury lawyers, and they’ve mentioned that they will take your case on a contingency basis. No money out of your pocket up front sounds good, but what exactly does it mean when your personal injury lawyer tells you he will work for you on a contingency fee? At Ghozland Law Firm, this means that our clients do not pay unless we win. In other words, as our client, you will not be required to pay any costs until we recover financial compensation for you.

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What is a contingency fee?

Legally speaking, a contingency fee is a payment to an attorney for legal services that depends, or is contingent, upon financial recovery or award in the case. Under this type of payment structure, your lawyer does not collect a fee if you do not win. If you win, the payment to your attorney is a percentage of the amount recovered, which can differ for each attorney and/or law firm. Be sure to discuss your attorney’s contingency fee arrangement with him to learn more.

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Contingency fees and personal injury cases

In California, contingency agreements are frequently used in personal injury cases (and are generally not applicable in criminal cases). A contingency fee agreement must be in writing and include:

The method by which the fee is to be determined
The percentage or percentages that shall accrue to the lawyer in the event of settlement, trial or appeal
The percentage or percentages that shall accrue to the lawyer in the event of settlement, trial or appeal
Litigation and other expenses to be deducted from the recovery
Whether litigation expenses are to be deducted before or after the contingent fee is calculated

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As with any aspect of the retainer you have with your attorney, please be sure to discuss each of these points in more detail with your personal injury lawyer before signing on the dotted line.

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Why choose a contingency fee lawyer?

Personal injury lawsuits can be timely and expensive. Between hiring experts, medical expenses, and more, the costs add up. Fortunately, a contingency fee arrangement provides individuals who may not be able to afford attorneys fees upfront with access to the courts and to the ability to recover financially for injuries suffered, such as medical bills, lost wages, emotional trauma, and pain and suffering.

Again, contingency fees are generally used in lawsuits involving personal injuries. If you have been injured as a result of another’s negligence, whether it be the negligence of an individual or business entity, reach out to experienced trial lawyers who will work with you on a contingency fee basis.

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For a free, no obligation consultation about how we work and whether we can represent you in your accident case, contact the injury attorneys at Ghozland Law Firm today.

Attorney Ghozland Puts Together Seminar Related to Client Trust Accounting

On February 21, 2013, the Beverly Hills Bar Association (BHBA) hosted a seminar for solo attorneys and those with small firms on the importance of client trust accounting, as well as general law firm accounting.

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Ladder accidents are a common occurrence in the city of Los Angeles, with hundreds of people being injured or even killed each year due to falls from ladders.

Dog Bites On the Rise in California

More and more East LA residents are being sent to emergency rooms for dog related bites. Indeed, the California Office of Statewide Health Planning and Development recently revealed that emergency room visits for dog bites have increased by 44% in the past ten years. California recorded the most dog bite claims in the nation with…

Related Practice Areas

Brain Injuries

The entire functionality of our life, motor skills and comprehension takes place in the brain. The brain is not a body part that is easily fixed or healed though, and injuries to the brain, skull or cranial cavity can take weeks, months or years to recover from.

Broken Bone Injuries

No matter what kind of car accident you endure, there is always the potential for a broken bone. Not only are they very painful, but they can require months of treatment and therapy, during which time you may be unable to work.

Catastrophic Injuries

Life can change in the blink of an eye. One moment, you may be completely fine, the next you may be facing serious injuries, paralysis and in unfortunate circumstances, including death. Catastrophic injuries occur from major accidents and often result in permanent disabilities.

Meet Our Attorneys

What Our Clients Say...

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We Have Over 40 Years Experience in Employment & Personal Injury Law

Our Team is Comprised of Well-respected Lawyers Who Have Been Involved in Several Multi-Million Dollar Settlements

Our employment & personal injury attorneys recognize that the individuals we work with are typically going through overwhelming and stressful times in their lives. When an individual hires us, we strive to provide the client with the strong legal representation and effective counsel they need to receive fair and just compensation. Our experienced attorneys are dedicated to helping our clients in their time of need. Our employment & personal injury team is comprised of well-respected lawyers who have been involved in several multi-million dollar settlements, earning us membership in the Million Dollar Advocates Forum®. This further demonstrates our ability to take on complex accident cases.

Meet the Team

What Do Our Clients Say About Us?

Very professional, excellent lawyers, thanks to them they were able to fix my car 🚗 and win my case, many thanks to Jazmín and Maira, very kind and patient. I highly recommend them. 😊

ana ayala

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I definitely recommend Ghozland Law firm. I have been a Client for yrs. Michael is extremely patient, cares for his clients, and very good with communicating and Jasmine is the best She goes above and beyond. She is so attentive and caring. She’s the Goat.

Janae Love100

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I sent a client to Michael and Nathan and cannot express how simple the process was and my client was so happy. It is the only law firm I have ever been able to get ahold of the attorneys directly and cannot explain how great it is to be able to have that service!

Dr. Joseph Fair DC

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They did good by me and my kids Got my car fixed and hooked my kids up!! Thanks jasmine.

C. Hernandez

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I would like to say what a Awesome Law Firm. I Highly recommend GLF to my family and friends and everyone else. I had a unique case and they worked very hard for me and came THRU. Again thank you for always answering my calls and questions. Special thanks to Mike Ghozland.

Alex Espinosa

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I will only refer my friends and family to MICHAEL Ghozland law firm. He settle my case for good amount and I went to good doctors. This is excellent lawyer. Call him if you need help with accidents.

Herrera L

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I was involved in an automobile accident 6 months ago, I didn’t know where to turn. A friend recommended me to Michael Ghozland, I don’t regret it. Michael got me the compensation I deserved, will definitely recommended him to all my family and friends.

Sherrie Rosenberg

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Michael is absolutely amazing, and I could not be more grateful for everything that he did for me. He is kind, attentive, truly cares about the client, and perhaps most importantly he is extremely knowledgable when it comes to the world of Personal Injury. There are a lot of...

Maya Frank

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Michael Ghozland is the “go to” personal injury attorney to whom I refer my friends and contacts who need the best. As an appellate attorney, I’ve worked with dozens of trial attorneys over the years. Michael is one of the finest - extremely intelligent, diligent, tenacious...

Peter Pierce

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From start to finish, Jasmine was there and guided me through out my case. She made it an easy experience and I’m very pleased with the result of my case settlement.

Jay Venson

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When my son's father was tragically killed, our family was devastated. We went to GLF for help and Jasmine treated us with compassion and professionalism during a very difficult time. She went above and beyond to help us through a challenging process. Her guidance and...

Suzanne Renee Gonzalez

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I want to Thank Jasmin and the Ghozland Law firm team for your expertise, your help has been invaluable during this process, You always returned all my calls and replied fast to all the EMails. Your Professionalism and kindness were very much appreciated! Any one that needs...

Lucy Curiel

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My mother and I were rear ended back in the fall and were recommended to the Ghozland Law Firm by a very good family friend. Jasmine in particular was incredibly helpful throughout this whole process- she was always available and very patient and sympathetic to our needs...

Brianna Nicole Alderman

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I would highly recommend the Ghozland Law firm. They were attentive and informative thru my whole process . Special thanks to Jay, Carlos and Jasmine. They were there for me every step of the way.

Raheem Kelly

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We highly recommend this law firm to everyone who got the car accident. They are highly responsible and knowledgeable in what they are doing. Fast response in all questions and very professional. Thanks Jasmine for helping us a lot.

Anh Thu Nguyen

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I would highly recommend Ghozland Law Firm. They were very helpful. I had never been involved in a car accident and Jasmine was very quick to help me out. They got me in to see doctors right away and were great about keeping me updated on everything going on and fought...

Billy Arriaga

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Michael, Jaime, and Jasmine are AMAZING!!! They are GREAT people. They go above and beyond! From the first call I felt that their main concern was to help me recover from my accident. They were very friendly, professional and caring throughout the entire process...

Anthony F.

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Amazing, Professional and Honest. The Ghozland Law firm has showed me why I made the right choice. Jasmine was helpful every step of the way to make sure that my case went smooth as possible. They handled everything since day one and did not stop until I was satisfied. Thanks...

Edwin M.

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Joey F.

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Very professional, Michael and Nathan helped me out when I was in a major accident, I needed physical therapy. No more than six months later I was in another accident that aggravated my prior injuries. Non the less the driver was uninsured. I turned to the Ghozland firm...

Jimmy A.

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I can't say enough about the expertise of this firm and Jennifer's natural willingness to go above and beyond at every step with the cases she has successfully executed on my behalf. I urge all to use Ghozland for cases that are in their wheelhouse, you'll not be disappointed!

Tony S.

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I was hit by a car on freeway which involved four cars and seven injured people. After trying an attorney who didn't return any of my emails and phone calls, I was referred to Ghozland Law Firm by my co-worker. They were such a great team. Very professional and reliable...

Tammy G.

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I highly recommend the Ghozland law firm. He represented my family after a car accident where multiple injuries were sustained. He made a complex process simple and efficient. It was so nice to just concentrate on recovering and leaving all the rest up to Michael and his...

Chris M.

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The Ghozland Law Firm, have done an amazing job, having this to be my first mayor accident they were attentive, helpful and always trying to make it easy as possible. Everyone that works at the firm has been friendly. In addition thank you to Jasmine J. And Michael for all...

Derek M.

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We Are Proud of the Work We do for Our Clients

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We Stand Up To Greedy Insurance Companies

Get more compensation from your slip and fall injury with expert legal representation

With over 40 years of experience, we have handled many slip and fall cases. I can provide you with the caliber of legal services that is normally available only to large companies, due to my experience in large-scale litigation that has resulted in awards of millions of dollars on many occasions. In 2014, Michael Ghozland was named “Street Fighter of the Year” by Consumer Attorneys of California in 2014. Because of my outstanding trial record, winning your case will probably mean obtaining a private settlement, with no need to ever step into a courtroom. Insurance companies know my reputation, and most of them would rather settle than face me in a slip and fall lawsuit.

“We have made it our mission to provide our clients with the type of legal representation typically delivered to large corporate and institutional clients. Mr. Ghozland recognizes that you deserve the best employment & personal injury lawyer in Los Angeles.”

 If you have any questions, feel free to call  213-817-9957