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  • Why a Contingent Attorney’s Fee Agreement May Save Your Business Money.

LaGarde Law Firm offers a contingency fee arrangement for business litigation, allowing businesses to receive legal representation without shouldering the costs up front.

Most lawyers bill by the hour and require an up-front retainer.  At LaGarde Law Firm, we offer a different fee model.  Instead of billing your business by the hour, in select cases we will agree to work for a percentage of what we recover on behalf of your business.  In some cases, we agree to carry the costs of litigation and those costs will be reimbursed to us out of any recovery.  In other cases, we may agree to charge a lesser percentage if your business agrees to pay the costs of the litigation.  In other cases, we may agree to work for a reduced hourly rate with a smaller contingent fee in the event of a successful recovery.  Each case is unique. Our goal is to find a fee model that works best for your business and for our firm.

Business lawsuits handled on a contingent fee often involve issues such as breach of contract, theft of trade secrets, unfair competition, fraud, shareholder disputes, and shareholder litigation.

The contingency model is a mainstay of personal injury law, but is not typically applied to business disputes. At LaGarde Law Firm, we understand that many business disputes can be prohibitively expensive to litigate even when your case is strong, which is why we often agree to take on the costs and risks of litigation with you.

Businesses in Texas and Florida can use contingent fees to save hundreds of thousands of dollars in up-front attorney’s fees

Traditional business litigation fee structures often entail hundreds of thousands of dollars in up-front legal fees, with no guarantee of success. At the same time, hours billed, rather than cases won, becomes a metric of productivity for attorneys.

Your contingent fee attorney has a strong incentive to achieve maximum results as quickly as possible.

Operating on a contingency basis means that we have a strong incentive to obtain the greatest recovery possible as quickly as possible. As a contingency fee law firm, we only get paid when we get results. This also means that we are confident in the merits of the cases we accept.

Business contingency fees are determined on a case by case basis. The expected costs of litigation, the likelihood of success, and the probability that a judgment can be collected are the main factors we consider when deciding whether to accept a case on a contingent fee basis.

In many situations, business disputes are able to be settled outside of court, even after a lawsuit is filed. An experienced attorney can help you to try to negotiate with your opponent to see if a settlement can be reached.  If a settlement cannot be reached, it is important to hire an attorney with a successful trial record.

If your business has sustained damages as a result of wrongdoing on the part of another person or business, consulting with a skilled attorney is the first step to getting compensation. LaGarde Law Firm is home to experienced business litigation attorneys who provide legal services on a contingency fee basis in Texas and Florida.  Call our Houston, TX office (713) 993-0660 or our Naples, FL office (239) 500-6040 today for a free consultation.

DISCLAIMER

This article is meant to provide general information for educational purposes only.  It is not offered as legal advice upon which anyone may rely. The law is different from state to state.  The law changes. You should contact an attorney before taking any legal action.  This firm does not represent you unless and until a Letter of Engagement is signed by you and this firm.

Copyright ©2021 by LaGarde Law Firm, P.C.  All rights reserved worldwide. Richard LaGarde is licensed to practice law in Texas, Florida, and Louisiana.  He is board-certified in both civil trial and personal injury trial law by the Texas Board of Legal Specialization.  Mary LaGarde is licensed to practice law in Florida and Texas.

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