You might be wondering if it is worth it to hire a commercial litigation attorney and pay them contingency fees. A contingent commercial litigation lawyer in New York specializes in litigating commercial disputes and their fees are based on a percentage of the settlement or award that they win for you. If you have any questions about hiring a contingent lawyer, then please read on to find out more about the benefits of hiring them.
You can file a lawsuit even if you can’t afford an attorney
If you cannot afford to hire a lawyer, then do not worry because there is a way that you can still sue your commercial dispute. You will be able to file a lawsuit if you are able to find a commercial litigation attorney who would be willing to take your case on contingency fees. An attorney who works on a contingency fee basis will not charge you upfront and will only earn a percentage of the settlement or award that is won for you. Even if you do not have any money, but you believe that you have a strong case, then you should hire a contingency commercial litigation lawyer to help you with your case. If the lawyer wins your case, then they will be entitled to receive their fees from the proceeds of your settlement or judgment.
You can solely focus on your business
If you have a business that is facing severe challenges in terms of finances, then you will have no choice but to prioritize your business over your legal problems. And if you are still reeling from the aftermath of a negative experience with a customer, then it might be hard for you to focus on the business at hand. If you could hire a commercial litigation attorney who works on contingency fees, then you do not need to worry about other things aside from your business.
Lawyers only take cases they have a high chance of winning
If you hire a commercial litigation attorney who works on contingency fees, then it would be in their best interest to win your case and collect their fees from your settlement or award. You will be able to have a lawyer who will only take cases that they have a high chance of winning. If they think that a certain case has no chance of winning, then they will not take the case because they will not collect any legal fees if they lose the case.