The History Behind the Credo, “Only Pay If You Win!”
Some types of legal matters, including personal injury claims, can be dealt with on a contingency fee basis. A contingency fee is when the lawyer is paid only if the plaintiff wins or if there is a settlement of the case. If the client doesn’t get any money, then the lawyer doesn’t get paid a fee.
There is comfort in knowing that your lawyer believes in your case enough to put their fee on the line.
Contingency fee agreements have not always been allowed in Ontario. In October of 2004, the Ontario Government further improved access to the province’s justice system by lifting the prohibition on contingency fee agreements. Rules and regulations were also created in order to protect the client. These new rules require that all contingency fee agreements be made in writing, they prohibit lawyers from getting paid more than the client recovers, and they also prohibit contingency fee agreements in cases related to criminal and family matters. These regulations make this type of agreement a viable option for the public to seek justice and compensation for their claims in court.
Don’t fear the cost of taking legal action when you need it. The “no win, no fee” agreement between a client and their lawyer is a way the lawyer may assure you they will work to the best of their ability to achieve the fairest outcome in your case. Remember, they won’t get paid until you do! At Preszler Injury Lawyers, our credo is “You Don’t Pay Unless We WIN,” and we stand by this day in and day out. This credo illustrates our confidence in ourselves and our ability to deliver results in your personal injury case.