Tuesday, September 30, 2008

Costs Covered in a Contingency Plan

Administrative costs are generally in addition to contingencies fees.

If your funds are limited and you wish to retain the services of a top Philadelphia lawyer, you should seek an attorney whose fees are based on a contingency plan. That means that the attorney will only charge a percentage of the settlement or judgment as payment. Therefore, those who might not otherwise be able to afford legal representation can procure such services without expending a great deal of money. It is important, however, for people to realize that there will be additional costs associated with legal representation beyond the lawyer's contingency fees.

Keep in mind, there are a number of costs associated with filing a lawsuit. For example, paralegal services will be critical for the preparation of the case. Paralegals, of course, will charge a fee for their services. Other fees associated with litigation include office administrations, expert witnesses, mailing, and even private detectives. Let the truth be told, all of various components of litigation come with costs and fees. These fees will be absorbed by the client and not the Pennsylvania lawyer.

Now, some will assume these are "hidden" fees but that is not the case. They are simply administrative costs outside the attorney's actual service. And, remember, there's always the possibility that the attorney will not win the case. Would it be fair for the attorney to absorb all the costs associated with the loss of the case? This would make it cost prohibitive for the attorney to even stay in business. So, it should come as no surprise that these underlying costs must be paid by the client who procures the service of the law firm. It is the client who procures the services and that means the client must bear the brunt of the logistical costs associated with the case. It is important that clients understand this when selecting a contingency plan option.

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