Contingency Fee Arrangements

Contingency Fee Arrangements

At MK Law Firm, we prioritize the interests and well-being of our clients. After establishing the merits of your claim and ensuring our firm’s approach aligns with your expectations, we introduce our contingency fee retainer model. This model underscores our commitment to accessibility and client success.

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What is a Contingency Fee?

A contingency fee arrangement means that our legal fees depend entirely on the outcome of your case. Simply put, we only get paid if we win your case or achieve a settlement in your favour. This aligns our interests with yours, as our compensation is directly linked to the successful resolution of your claim.

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Benefits of Contingency Fees

  • No Upfront Costs: One of the most significant advantages of a contingency fee arrangement is that it eliminates the need for upfront payment. Legal fees can be a barrier to justice for many individuals; our approach removes this obstacle.
  • Shared Risk: We share the risk with you. By accepting your case on a contingency basis, we demonstrate our confidence in the merits of your claim and our ability to secure a positive outcome.
  • Transparency and Trust: Our fee structure is straightforward and agreed upon in advance. This transparency fosters trust and ensures that there are no surprises down the road.
  • Incentive for Maximum Recovery: Our goals are aligned with yours. Since our fee is contingent upon the recovery amount, we are motivated to secure the best possible outcome for your case.
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How Contingency Fees Work

Upon taking your case, we will enter into a contingency fee agreement. This agreement outlines the percentage of the recovery (settlement or judgment) that will serve as our fee. The specific percentage varies depending on the complexity of the case, the anticipated costs, and other factors, but it is always established upfront.

It’s important to note that while our legal fees are contingent on recovery, clients may still be responsible for certain disbursements or expenses incurred during the litigation process. These could include court filing fees, costs for obtaining medical records, or expert witness fees. However, we strive to be transparent about these costs from the outset, ensuring you are informed and comfortable with the process.

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Our Commitment

MK Law Firm is dedicated to providing exceptional legal representation on a contingency fee basis. We believe that everyone deserves access to justice, regardless of their financial situation. Our team is here to guide you through every step of your case, ensuring you understand your rights and the legal process.

If you’re considering legal action and are interested in learning more about our contingency fee arrangements, we invite you to contact us for a consultation. Together, we can assess the merits of your claim and discuss the best path forward.

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Areas Of Practice

01

Motorcycle Accident Lawyers In Toronto

Hire experienced lawyers in Toronto to help you with a motorcycle accident claim & get fair financial compensation. First consultations are free.

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02

Slip and Fall Claims

Slip and Fall claims can occur anywhere and by the negligence of anyone. The defendant in a tort claim can be a single person or an organization, even the city on municipality that is negligent for uneven surfaces, cracked pavements, unsalted snow and ice and poor Lighting.

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Accident Lawyers In Toronto

If you are injured in an accident involving a motor vehicle, you are entitled to apply for medical, economic, and other benefits. It does not matter who is at fault for the accident. If you are injured because of a car accident, you are entitled to apply, even if you do not have insurance.

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Bicycle Accident Lawyers In Toronto

Cyclists involved in an accident with an Insured Automobile will be entitled to Accident Benefits (first party Claim) and Third Party Claim (tort), similarly just like vehicle to a vehicle collision. We are proud to be serving many injured cyclists, representing them with the highest efficiency and getting the settlement they deserve within a reasonable time.

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Pedestrian Motor Vehicle Accidents In Toronto

At MK Law Firm, we understand the devastating impact that pedestrian motor vehicle accidents can have on individuals and their families. Pedestrian accidents often result in severe to catastrophic injuries, leaving victims facing lengthy recovery periods, mounting medical bills, and lost income. Our experienced team of lawyers is dedicated to helping pedestrian accident victims in Toronto navigate the complex legal process and secure the compensation they deserve.

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Testimonials

Most firms focus on volume. We focus on velocity. Our team works smarter — not just harder — to cut through red tape and avoid unnecessary delays. That means faster settlements, better results, and less stress for you and your family.

During my whole process I was in pain confused and had no idea what was going on. But Ryan was awesome and he went above and beyond answering all my questions explaining the process and dealing with my multiple calls. And emails. I would definitely recommend MK law to anyone who is in need of a caring law firm. Thank you MK law

James Kittrell

The entire team is highly professional, knowledgeable and always available to answer questions. They guided me through every step of the process with patience and care. I truly appreciate their dedication, respect, and efficiency. I highly recommend their services to anyone in need of legal assistance especially in car accident.

Louise Arguez

A friend of a friend recommended me to this law firm. From day one, they earned my trust as their client. I almost gave up because I had lost hope, but Rozana, who was my advisor and representative, never gave up on me. She continuously encouraged and supported me. Ryan was also straightforward and a fast decision-maker. Thanks to them, we received good news and finally won the case. Thank you so much. Without you, I couldn’t have gotten the justice I deserve

Grace Nakatani

I had a great experience with MK Law. Everyone is very friendly. David is an excellent Lawyer who listens his clients and understands all their needs. Definitely recommend to whoever is struggling to find a great Lawyers for their accident claims. They are very quick to resolve the problems.

Tekle Javelidze

I would like to share my heartfelt compliments and appreciation for your exceptional personal injury legal firm. Having had the privilege of experiencing your services firsthand. I cant help but express my sincere admiration towards your entire team. Your firms genuine compassion and empathy for clients dealing with personal injury issues have left a lasting impression on me. You go above and beyond to provide not just legal assistance, but also a comforting presence during what can be an incredibly difficult period in a persons life. Keep up the truly outstanding work!

Kate M

The amazing team at MK LAW FIRM were wonderful in helping me with my case from start to finish. OMAR always listen to my issues and helped guide me in right direction. Precious always updated with my case and all the appointments. It took time to finalize with settlement but it was worth the wait and I’m happy. David did great job to finalize the settlement. I highly recommend their services to anyone in need of legal support.
MK LAW FIRM
GREAT TEAM
GREAT WORK

Navjit Kalsi

I just wanted to share this with you and let you know that you guys have done a really good job. I am glad I decided to hire you to represent me in a very complicated claim against my auto insurance. Thanks for informing me regularly about my claim status and finally settling it successfully. Great service with an emotional understanding and help. I have felt support in times of uncertainty with many different issues on top the injuries I have been dealing with. I am very happy with your work and will definitely recommend you to anyone in need of legal help. Thanks MK Legal

Kristjan Nakic

FAQ

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Why hire a personal injury lawyer?

Hiring a personal injury lawyer is crucial for several reasons. First, a personal injury lawyer has experience in handling cases related to personal injuries, ensuring that you receive proper legal representation. They understand the intricacies of the legal system and can navigate through complex procedures on your behalf. Additionally, a personal injury lawyer can help assess the value of your claim accurately, ensuring that you receive fair compensation for your injuries, medical expenses, lost wages, and emotional distress. They will negotiate with insurance companies and other parties involved to protect your rights and maximize your chances of receiving the compensation you deserve.

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How long do I have to file a personal injury claim?

The time limit for filing a personal injury claim, known as the statute of limitations, varies depending on the jurisdiction and the type of injury. It is crucial to consult with a personal injury lawyer as soon as possible after your accident to ensure that you do not miss the deadline. Failing to file within the specified time limit can result in your claim being barred, meaning you may lose the right to seek compensation. To determine the specific time limit applicable to your case, it is best to consult with a personal injury lawyer who can provide accurate guidance based on your jurisdiction and circumstances.

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Will my case go to trial, or can it be settled out of court?

Whether your case goes to trial or can be settled out of court depends on various factors, including the specific circumstances of your case, the willingness of the parties involved to negotiate, and the strength of the evidence. In many personal injury cases, the parties involved prefer to reach a settlement rather than going to trial. Settling out of court can save time, money, and the emotional stress of a trial. However, if a fair settlement cannot be reached through negotiations, your personal injury lawyer may advise taking the case to trial. They will prepare your case, present evidence, and advocate on your behalf to seek a favorable verdict. Ultimately, the decision to settle or go to trial is made in consultation with your lawyer, taking into account your best interests and the circumstances surrounding your case.

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What does contingency fee basis mean?

A contingency fee basis is a common payment arrangement in personal injury cases. It means that you do not have to pay your personal injury lawyer upfront or on an hourly basis. Instead, the lawyer’s fee is contingent upon the successful resolution of your case. If your lawyer successfully obtains compensation for you through a settlement or court verdict, they will receive a predetermined percentage of the awarded amount as their fee. However, if your case is not successful, you will generally not owe any legal fees, although you may still be responsible for other costs incurred during the legal process.

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What evidence do I need to provide to my personal injury lawyer?

To support your personal injury claim, it is important to provide your lawyer with relevant evidence. While the specific evidence required may vary depending on the circumstances of your case, common types of evidence include: Medical records and bills: These help establish the extent of your injuries and the associated medical expenses.

  • Accident reports: This includes any police reports, incident reports, or documentation from the scene of the accident.
  • Witness statements: Statements from individuals who witnessed the accident can provide valuable testimony.
  • Photographs or videos: Visual evidence of the accident scene, injuries, property damage, or hazardous conditions can strengthen your claim.
  • Employment records: These can be used to demonstrate lost wages or diminished earning capacity.
  • Your personal injury lawyer will guide you on the specific evidence needed based on the unique details of your case.
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What should I do if I'm approached by an insurance company after my accident?

The time limit for filing a personal injury claim, known as the statute of limitations, varies depending on the jurisdiction and the type of injury. It is crucial to consult with a personal injury lawyer as soon as possible after your accident to ensure that you do not miss the deadline. Failing to file within the specified time limit can result in your claim being barred, meaning you may lose the right to seek compensation. To determine the specific time limit applicable to your case, it is best to consult with a personal injury lawyer who can provide accurate guidance based on your jurisdiction and circumstances.

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