Wagner, Vaughan & McLaughlin, P.A. almost always works strictly
on a contingency fee basis, that is, our fee is contingent upon obtaining
a recovery for your claim. We earn a percentage of any recovery
on your case and earn a fee only if we are successful in obtaining a
money recovery for you. The contingency fee percentage that we
earn is fully approved by the Florida Supreme Court. Our standard
fee is 1/3 of any recovery if we are able to resolve your claim without
filing suit, before the defendant formally answers a complaint that
is filed, or if the defendant admits liability in responding to the
initial complaint; otherwise, our fee is 40% of any recovery.
There is an additional 5% fee if an appeal is involved, which would
normally be handled by an appellate specialist retained by us on your
behalf.
Wagner, Vaughan & McLaughlin, P.A. will advance all costs of investigating
your claim and for the litigation itself. These costs can be significant
and include the cost of filing, expert witnesses, deposition fees, travel,
court reporting, investigator fees, witness fees, service of process
fees, long distance telephone, and other routine out-of-pocket expenses.
If we make no recovery on your behalf, you will owe us nothing and are
not obligated to repay us for any of the costs that we invested in pursuing
your case. If a recovery is made, you will reimburse our costs
out of your recovery. You have a right to know what the costs
are as the case progresses, and we are always more than willing to share
that information with you.
On rare occasion, we agree to represent clients on a different or modified
fee basis, depending upon the facts involved in the specific case.
Unlike large corporations, insurance companies, and businesses that
pay their attorneys an hourly fee as the cases progresses, our clients
typically do not have the financial resources to pay a lawyer for legal
services as they are performed and for the costs as they are incurred.
Legal malpractice cases can be quite complex, particularly since they
usually involve litigating two claims to obtain a single recovery.
The time and the costs involved can be extensive. Were we to charge
by the hour, our fee for such service likely be between $250.00 to $400.00
per hour, similar to what lawyers representing corporate clients would
charge. Because of the cost of hiring a lawyer and paying him
or her by the hour, our clients almost always find the contingency fee
system most attractive. It has, with good reason, often been referred
to as the average person’s “keys to the courthouse.”
On some occasions, if the facts and circumstances of a case appear to
be very simple and a resolution would be expected quickly, we are willing
to reduce out normal contingency fee arrangement and make other fee
arrangements. Such cases are, however, rare, but we are certainly
willing to discuss the issue. If you have the financial resources
to pay an hourly fee for our services, we are certainly willing to discuss
that option with you as well, if that is your preference.
In Florida, any agreement to represent a client on a contingency fee
basis is required to be in writing and executed by both the law firm
and the client. In addition, the Florida Supreme Court requires
all clients who are being represented on a contingency fee basis to
receive and execute a “statement of client’s rights”
which has been prepared by the Florida Supreme Court. The document
sets forth in general terms the rights that you have as a client.
A copy of the Wagner, Vaughan & McLaughlin, P.A. standard representation
agreement, along with the Statement of Client’s Rights required
by the Florida Supreme Court, is available on-line for your easy review.
Simply click on the linked documents below and the referenced document
will appear. If you have any questions regarding either the Statement
of Client’s Rights or our standard Representation Agreement, please
do not hesitate to let us know. We are happy to answer any questions
that you may have.
Special fee arrangement for cases submitted on-line
As a part of the services we offer from this web-site, we offer a special,
reduced fee for those who submit their inquiries through our case evaluation
form, which can be accessed from this web site. If we agree to
represent you in your legal malpractice claim that is submitted through
this web-site, and make a recovery for you without the necessity of
filing suit, our contingent fee will be only 10% of the recovery.
If the case is resolved before filing a Complaint, or if defendant admits
liability in answer to the compliant, our contingency fee will be 25%
of the recovery. These special fee arrangements are available
only for cases that are initially submitted for review via the case
evaluation form at this site.

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