Have you ever heard people talk about “contingency fees”?
Contingency fees are an alternative to paying hourly rate for legal fees. This type of agreement allows you to pay the legal fees of your lawyer or paralegal from the amount received at the end of your matter, if you are successful, rather than paying at regular intervals while your matter progresses.
However, it is important to know that contingency fee agreements are allowed only in certain cases. For example, they are not allowed for criminal or family law matters. Personal Injury matters can be subject to a contingency fee agreement.
On July 1st, 2021, a new contingency fee agreement became mandatory in Ontario. All legal professionals must use the template provided by the Law Society with their new clients, and provide them with a consumer’s guide on contingency fees, in order to inform the public on these types of agreements.
The new format of contingency fee agreements is meant to ensure that all clients of all law firms receive the same information about contingency fees and their modalities. That way, the public can better understand how this method for paying legal fees as well as their choices.
Law firms that are using contingency fee agreements must also publish on their website the maximum percentage charged, across all matters.
Therefore, in compliance with this obligation, our firm has published some information about our legal fees. This includes a free consultation with one of our lawyers, to help you gather the information you need to make an informed decision about your situation.
If you have been injured because of someone else’s negligence and you are not sure about the next steps, don’t hesitate to contact us to make an appointment for a consultation.
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