What is a contingency fee?
What is a contingency fee?
See informative video here: https://faruqilaw.com/uploads/blog/1575413677-what-is-a-contingency-fee.mp4
A contingency fee is a type of attorney's fee where, rather than collecting periodic payments throughout the pendency of the litigation, the attorneys are paid a percentage of the recovery at the end of the case. A contingency fee is payable only if there is a favorable result for the class and, in securities class actions, the contingency fee must be approved by the court.
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Faruqi & Faruqi, LLP focuses on complex civil litigation, including securities, antitrust, wage and hour and consumer class actions as well as shareholder derivative and merger and transactional litigation. The firm is headquartered in New York, and maintains offices in Atlanta, Los Angeles and Philadelphia.
Since its founding in 1995, Faruqi & Faruqi, LLP has served as lead or co-lead counsel in numerous high-profile cases which ultimately provided significant recoveries to investors, direct purchasers, consumers and employees.
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