The Cost of Personal Injury Lawyers in NYC: Contingency Fees Explained

By Legal Editorial Team Last updated: May 5, 2026 Category: Education
Legal financial concept

One of the most common concerns for injured New Yorkers is: "Can I afford a lawyer?" In the field of personal injury, the answer is almost always yes, thanks to the contingency fee model.

What is a Contingency Fee?

A contingency fee means your lawyer's payment is "contingent" on them winning your case. If you don't receive a settlement or court award, you owe your attorney no legal fees. In New York, the standard fee is 33.3% (one-third) of the gross recovery.

Litigation Expenses

While you may not pay an hourly rate, there are costs associated with litigation, such as court filing fees, expert witness costs, and the price of obtaining medical records. Most NYC law firms "advance" these costs and are reimbursed from the final settlement.

Net vs. Gross Recovery

It's important to understand how your settlement is divided. Some firms calculate their fee before expenses are deducted (gross), while others calculate it after (net). Ensure your retainer agreement explicitly states how this will be handled.

Editorial Disclaimer

Fee arrangements can vary and are subject to the terms of your specific retainer agreement. Always review your contract carefully before signing.