Lawyers That Charge Nothing Unless You Get Paid
"Most people have a preconceived idea that they have to pay a fee in order to hire a skilled injury lawyer. At Elk & Elk we take great pride in charging our injured clients nothing unless we win."
- David Elk
What are contingency fees?
At Elk & Elk, we operate on what's called a contingency fee basis. In a contingency fee business model, clients hire our firm without paying any up-front costs or fees with the understanding that, if there is a successful outcome and financial recovery in the lawsuit, we will claim a percentage of that recovery.
However, if there is no recovery for the client, the client does not owe any fees or other costs to the firm. Although the details of contingency fee agreements vary from firm to firm, at Elk & Elk, a client pays nothing unless we have a successful outcome.
If you only charge legal fees if you win, how do you make money?
"We place a lot of confidence in our clients. In most cases, they're just hard-working, every day people who have been the victims of personal injury and all they want is to have their lives put back on track. We thoroughly research each and every potential case we learn about. We're selective in what cases we take in that, if it doesn't prove to have merit, we'll pass on it, but we take each case seriously and give it the attention it deserves." - Arthur Elk, Managing Partner
Arthur said, for these reasons, Elk & Elk has enjoyed a long history of successful case outcomes, which has helped give the firm a strong financial foothold. In short, if our client wins, the firm also wins.
What about the costs of experts, investigators and other expenses of a lawsuit?
Our law firm has the resources to pay for expenses that are part of complex personal injury cases. Examples of recent costs fronted by Elk & Elk:
- In a recent commercial motor vehicle accident case, we covered over $42,700, including more than $35,000 for an expert witness.
- In a wrongful death case, we advanced more than $71,500 to support a client's arguments, including an expert's testimony.
- In a recent medical malpractice case, we fronted nearly $121,000 in various expenses, including almost $65,000 for an expert witness.