I am a somewhat rare business attorney that represents businesses in contingency fee lawsuits. I am committed to evaluating cases in ways in which I share the risk associated with litigation with my business clients. There is a reluctance among many attorneys that are experienced in representing businesses in deals and litigation to do so on any arrangement on a contingency fee basis. Why? Because the hourly rate is how the business clients typically pay their attorneys. Other attorney fee structures have existed for some time, but finding attorneys that are actually willing to deploy them is challenging for small and mid-market businesses.
What is the Process for Contingency Fee Commercial Litigation?
The process of evaluating a business contingency fee lawsuit is really no different from that of any other case, including areas where there is widespread use of contingency fees such as in personal injury litigation. The case is evaluated for its strengths, weaknesses, amount of damages and whether it is collectible. In some cases we can agree to be paid for our time and services only if the litigation is successful or in the event of a settlement. In other cases some level of flat fees or fees by phase may be paid, or the costs (such as costs for experts within budget, filing fees, or other costs) are paid for by the business client.
Why Contingency Fee Business Lawsuits?
We litigate select business cases under a contingency fee arrangement because businesses of all sizes ought to be able to obtain skilled business litigation and trial counsel when faced with claims and issues putting their business and livelihoods in jeopardy. Meeting our clients objectives in why businesses choose contingency fee business litigation aligns our interests toward success. This incentivizes efficient and early results based on the merits of the case, and avoids poor business results for the clients because the burden and expense of litigation forces a company to abandon its case or claim.
Types of Business Cases my Law Firm Considers on Contingency Fee?
The following types of business lawsuits lend themselves to contingency fee agreements:
- Business Collections cases including Construction Collections
- Breach of Contract lawsuits
- Fraud and Misrepresentation cases
- Consumer Protection
- Interference with Contract and Business Relations
- Breach of Fiduciary Duty
- Real Estate Disputes
- Shareholder and Member Derivative actions
- Post-M&A disputes
Nationwide Representation in Business Cases on Contingency Fee
While our firm is licensed to practice in Colorado, we are open to taking on business litigation cases nationwide from existing clients and referrals. Many commercial disputes are resolved through arbitration or alternative dispute resolution methods such as mediation, which often do not require local licensing. Additionally, for cases that proceed to litigation in other states, we can collaborate with local counsel on a pro hac vice basis, allowing us to represent your interests while navigating the rules of the specific jurisdiction. This flexible approach ensures that we can provide high-quality legal representation for your business, no matter where your dispute arises.
If you wish to discuss handling a business or real estate case on a contingency fee basis, please feel free to reach out to me.