Standard contingent legal fees charged by most reputable firms are 40% for cases involving litigation and one third (33.33 %) for non-litigation cases
** Contingent fees (In non-litigation cases) contingent fees equal 1/3 of the total recovery
** Contingent fees (Litigation) Fees are calculated at 40% of the total recovery
** Expenses – In each case expenses incurred are deducted from the client’s share of the recovery.
** Policy Limits – In 2010 the minimum policy limits were $25,000.00. In 2011 the policy limits increased to a minimum of $30,000.00. Commercial policies are usually greater than individual limits but will vary from case to case. Tractors/Trailers are required to have a minimum policy of $1,000,000.00.