Size Of Contingency Fees Globally

The size of contingency fees required by lawyers globally varies widely.

In the United States, contingency fees can be equal to 30-50% of the total amount of compensation received by a litigant, the highest in the world. The only justification for the size of such contingency fees is that U.S. litigations are very expensive. (This is one reason why foreign companies who enter a contract with a U.S. company should almost always insist on resolving a dispute via arbitration rather than U.S. litigation.)

In many European countries, such as France, contingency fees are generally 15% of the amount of compensation obtained, which is far more reasonable.

Many legal systems do not allow lawyers to offer contingency fees of any size in return for serving as legal counsel for a case. But nothing prevents litigants from bypassing this benighted rule by crowdfunding their case on Invest4Justice, since non-lawyers who are not subject to such rules can also fund their case.

On Invest4Justice the size of contingency fees offered depend entirely on the will of the litigant. The litigant can decide to offer 0% of the compensation he or she receives, if they are seeking donations, or the entirety of the compensation they receive if a litigation is a matter of principle, rather than a matter of receiving compensation.

It is free to crowfund a legal dispute on Invest4Justice, which receives only 2.5% of the compensation ultimately awarded if a case is funded and compensation is obtained. Invest4Justice is a non-profit, and this 2.5% is reinvested into meritorious cases, after paying for the upkeep of the litigation funding platform.

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