So how do contingency fees work? Well, usually personal injury lawyers get a set percentage of your settlement (33% to 40%). So if you win a $60,000 settlement for your injuries, your attorneys keep about $20,000 of that.
Contingency fees for personal injury lawyers vary based on when you settle. If we send a demand letter to the at-fault party, asking for a certain amount of money, and they agree to pay it (or something in the ballpark), we can settle outside of court. In that case, lawyer fees are generally locked in at 33%.
