Brick, NJ asked in Personal Injury for Colorado

Q: What is the standard percentage of a settlement for attorney's fee?

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1 Lawyer Answer
Tim Akpinar
Tim Akpinar
  • Little Neck, NY

A: A Colorado attorney could advise best, but your question remains open for two weeks. As a GENERAL practice across the nation, most personal injury law firms handle cases on a contingency basis where their legal fee is generally one-third. Under such arrangement, the attorney fee is owed only upon a successful award through jury verdict or settlement, and no attorney fee is owed upon an unsuccessful outcome for a case. One-third is a GENERAL percentage charged by most law firms. However, some law firms could have their own specific arrangements and some could charge more under certain circumstances. If you are retaining an attorney for a case, be clear on the exact terms. What I've outlined here is a GENERAL practice. But what governs your actual fee will be your individual agreement with the firm. This should be spelled out in writing on the law firm's retainer form. Good luck

Tim Akpinar

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