Do they actually not charge you if you lose or is this a scam? I’ve always wondered how they made their money.
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Those arrangements are called “contingency fee agreements.” They are typically used in personal injury cases where the attorney may work a lot to get the client a settlement/judgment or very little, say with writing a demand letter or two. These arrangements can be attractive for clients, since the alternative might be paying a high hourly rate, billed on a monthly basis. If the attorney is unable to resolve the case with either a monetary settlement or a judgment in favor of the client, neither the client nor the attorney get a recover: “We don’t get paid unless you do.”
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