Question

Joshua suffered a serious knee injury at work after a machine he was using malfunctioned. Joshua plans to sue for compensation from Milch Enterprises, the company that built that machine. Joshua's attorney wants a percentage of the compensation if it is proven that Milch Enterprises' negligence caused the accident. Which of the following types of legal fee would Joshua be paying to his attorney?
A. RetainersB. Hourly feesC. Flat feesD. Contingency fees

Answer 1

Answer:

Contingency fees

Explanation:

Contingency fees are also called a conditional fee that is provided where the fee is payable when only get a favorable result. Although the fee is used in my area and this legal only with legal practice. This fee applies to the lower service that is payable only if they get a favorable result. There is the rule that if a person loses the case he is not responsible for paying the fee to the attorney. This fee has been calculated as the eventual damage or the settlement that is obtained by the client.