Attorney fees come from a percentage of the overall recovery they obtain

​Attorney fees are an essential aspect of the legal profession, serving as a means for attorneys to be compensated for their services. In many cases, attorney fees are based on a percentage of the overall recovery they obtain for their clients. This means that attorneys will receive a portion of the financial compensation or settlement that they secure on behalf of their clients. This system of payment ensures that attorneys are motivated to work diligently and effectively to obtain the best outcome for their clients. It also aligns the interests of the attorney and the client, as both parties have a shared goal of maximizing the recovery.

The percentage-based fee structure is particularly common in personal injury cases, where individuals seek compensation for injuries, they sustained due to the negligence or wrongdoing of others. In these cases, attorneys often work on a contingency fee basis, meaning that their fees are contingent upon successfully recovering compensation for their clients. This arrangement allows individuals who may not have the financial means to hire an attorney upfront to still have access to legal representation. It also incentivizes attorneys to take on cases that they believe have a strong likelihood of success, as they only get paid if they are able to secure a favorable outcome.

One advantage of the percentage-based fee structure is that it provides a level of flexibility for clients. Instead of requiring a large upfront payment, clients can enter into an agreement with their attorney where the fees are deducted from the overall recovery at the end of the case. This can be particularly beneficial for individuals who may be facing financial strain as a result of their injuries or other circumstances surrounding their legal matter. The percentage-based fee structure allows these individuals to focus on their recovery or other pressing matters without having to worry about immediate payment for legal services.

While attorney fees based on a percentage of the overall recovery can be advantageous for clients, it is important for individuals to fully understand the terms and conditions of their fee agreement before entering into it. Clients should carefully review any fee agreements and discuss any concerns or questions with their attorney before signing. Additionally, it is crucial to have open and transparent communication with your attorney throughout the legal process to ensure that you are fully aware of how your attorney fees will be calculated and deducted from your recovery.

In conclusion, attorney fees based on a percentage of the overall recovery provide a fair and accessible payment structure for clients seeking legal representation. This fee arrangement incentivizes attorneys to work diligently and effectively on behalf of their clients while also allowing individuals to access legal services without upfront payment. However, it is important for clients to thoroughly understand their fee agreements and maintain open communication with their attorney throughout the process.

​The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
Phone: (855) 846–6529
​Email: [email protected]
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timothy l. miles, esq.

Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors,  shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2026 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,​Class Action:  Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM  (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022).  Mr. Miles has published over a thousand on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more.  Please visit our website or call for free anytime.

CONTACT                                                      
The Law Offices of Timothy L. Miles
Tapestry at Brentwood Town Center
​300 Centerview Dr., #247
Brentwood, TN 37027
​​Phone: (855) 846-6529
​Email: [email protected]