At Henry & Williams, P.C. our fee policy is quite simple – NO RECOVERY, NO FEE ON EVERY CASE. Our Attorney Client Contract plainly states in writing that, "If there is no recovery, then there is no fee and Henry & Williams, P.C. will bear the expenses and not look to client(s) for reimbursement of the expenses they advance." Most attorneys who handle personal injury and wrongful death cases do so on a contingency fee agreement which is required by law to be in writing.
The Difference From One Law Firm To Another In Regard To Fees Comes Down To Three Things:
- The percentage (%) being charged;
- Whether the percentage (%) is based on the Gross Recovery or the Net Recovery after expenses; and
- Whether or not expenses advanced by the lawyer must be reimbursed if there is no recovery.
Percentage Being Charged – At Henry & Williams, P.C., the percentage to be charged is never predetermined and is always arrived at by mutual agreement between us and our client after a review of your case. Personal injury and wrongful death is all we do at Henry & Williams, P.C. and while most of our cases are taken on a 33 1/ 3% fee, we take many cases on a smaller percentage of 25% and some as a low as 10% to 15%, depending on the extent of the damages and the nature of the liability. We will take the time to answer all of your questions regarding our fees and the fee to be charged on your case will be based on our mutual agreement after all of your questions have been answered.
Fees Based on the Gross Recovery or Net Recovery– Some law offices calculate fees based on the Gross Recovery, taking expenses out of the client's share. Others calculate fees based on the Net Recovery, taking expenses off of the top before calculating the percentage. By way of example, in a case which settles for $100,000, with $10,000 in expenses where the attorney fees are 25%, the calculation of attorney fees on a Gross Recovery versus a Net Recovery work a follows:
EXAMPLE - $100,000 Settlement and 25% Fee - At Henry & Williams, P.C., we believe that if it costs $10,000 to reach a $100,000 settlement, then the actual recovery is $90,000, not $100,000, and that our fee should be calculated on the Net Recovery and not the Gross Recovery. Our fees based on the Net Recovery come to $22,500, not $25,000 as would be charged by other attorneys who base their fees on the Gross Recovery, and the Client's Recovery is $67,500, not $65,000.
Almost every case will require advancement of expenses, some greater than others. Typical expenses are for such things as ordering medical records, medical reports, filing fees to the Court, deposition expenses to court reporters and fees charged by expert witnesses who may be hired on the case. While some attorneys require the expenses to be reimbursed whether or not the case is successful, at Henry & Williams, P.C. we expressly agree that if there is no recovery there is no fee, and Henry & Williams, P.C. will not look to you for reimbursement of the expenses we advance.
Before you hire any attorney, make sure you understand the fees and expenses to be charged on your case. If you are considering different attorneys and want a quote from our office, please call West Plains Injury Lawyers Lynn or Roy for a discussion of your case and a no obligation quote on our fees.
In most cases, we will match or beat our competitors' fees without compromise of the professional service you will receive from our office. Contact us today.
With 80+ years of experience, our dedicated legal team has recovered millions of dollars on behalf of our clients.