Demand for Contingency Fees in Business Litigation Grows Amid Pandemic
Some firms willing to stomach the risk are increasingly taking on business litigation and contract disputes with contingency fees.
November 30, 2020 at 05:00 AM
5 minute read
The original version of this story was published on Law.com
Contingency fees are not only confined to personal injury matters. In the midst of the recession and pandemic, some firms are increasingly taking on contingency fee matters in business litigation and commercial cases.
Business owners who don't have the cash on hand to front litigation costs are turning to law firms that work on contingency and are willing to absorb case costs, say firm leaders, who report a rise in contingency fee inquiries since the beginning of the pandemic.
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