South Carolina Contingency Fee Agreement

In South Carolina, a typical and appropriate percentage is equal to 1/3 of the recovery if the case is closed or 40% when a complaint is filed. These fees come from “the top” of the total amount collected by the lawyer on behalf of the client. In some “high-risk” cases, I have heard of lawyers asking for up to 50% contingency fees. But before you sign a 50% contingency fee contract, I advise you to look around and meet with other lawyers before signing this agreement. Contingency charges must be in writing, but it is advisable to receive all fee agreements in writing. Although it is not necessary for a lawyer`s fee agreement to be in writing, it is advisable to obtain it in writing. It should define the terms of the relationship and indicate how the fee is set. With a possible fee contract and if you impose yourself in your case, the lawyer is always paid for the services provided, which is often done by the type of hourly settlement plus litigation costs, in addition to costs related to the costs of a dispute such as court costs, declarations (such as the judicial reporter, court fees or transcription fees), experts, travel expenses, court costs for mediation (or arbitration) and so on. In addition, for the sake of transparency, you will find below the initial fee agreement signed in 2016. This document has been replaced by the fee agreement modified directly above. Before you get reasonable attorneys` fees in South Carolina (and the “taco” price) you should know that there are three types of basic tariff agreements: contingency fees, flat rate, and hour by hour: please note that the 33% in the table below relates to 1/3 of transaction revenue or jury prizes, or about 33.333%.

Let`s be clear, a possible fee contract does not mean that the client is not at all responsible for the costs or attorneys` fees. A potential fee agreement simply defers payment from the law firm if you impose yourself, not that the cost of litigation is cheaper because you don`t pay anything in advance. Our personal injury attorneys in South Carolina near McGowan, Hood & Felder, LLC work on a contingency fee basis. This means that you only pay a fee if you win. If we do not settle your case successfully, you will not pay us anything. It`s as simple as that. Contingency fees are a normal pricing regime in civil offences. A person who has been injured in an accident may enter into a contingency costs contract in which attorneys` fees are based on a recovery percentage.

If there is no recovery, the client does not owe a lawyer`s fee. However, fees may be charged for lawyer fees, such as registration fees, court portage fees, expert fees, etc. The decision to conclude the fee contract is a matter for the agreement between the lawyer and the client. A success fee contract is very common in the case of bodily injury for clients who, as a rule, cannot afford the costs of representation in civil proceedings for bodily injury. The South Carolina Supreme Court promulgates the South Carolina Rules of Professionals that Regulate Attorneys and require that a potential fee contract be appropriate….