Hiring an Eminent Domain Attorney Costs How Much?
The prospect of taking on the government, or a private corporation to fight the taking of your property by the power of eminent domain can seem daunting and expensive. Many property owners fear that they can’t afford to hire a skilled condemnation lawyer.
Don’t let the concern for upfront costs and hourly fees stop you from obtaining legal representation. At Krause and Kinsman, we work on a contingent fee basis, which means you do not pay our attorney’s fees unless we secure for you additional compensation over what the government initially offered you for your property.
What is a Contingency Fee?
A contingency fee is a sum of money that a lawyer receives as a fee at the conclusion of the case and only if the case is handled successfully. This fee is typically collected as a fixed percentage of the compensation awarded to the client.
If your property is threatened by eminent domain and you are currently seeking a condemnation attorney, you may wish to consider hiring a lawyer that works on a contingent fee basis. A contingency fee arrangement will not require you to pay a retainer upfront nor monthly legal bills. Legal representation that this billed by the hour can quickly add up for a property owner facing eminent domain.
We Only Earn A Fee When We Secure More Compensation for You
Our contingency fee is collected as one-third (33.33%) of the additional compensation we secure for you above what the government or its agents initially offered you. Our fee is paid at the conclusion of the case from the additional money awarded to you. This means you could receive a much larger final award than what was originally offered and you are not responsible for paying an attorney’s fee if we are not successful.
An Example of Our Contingency Fee in Eminent Domain
- $1, 000 – Initial offer to purchase a portion of your property
- $10,000 – Just compensation Krause and Kinsman secures for your property
- $3,000 – Krause and Kinsman’s contingency fee
- $7,000 – Your total compensation = $1,000 (initial offer) + $6,000 (additional compensation).
*Note: The result described above is for informational purposes only. While such potential results may be possible, this example does not serve to guarantee any future results. Every eminent domain case is distinct and all cases have their own unique facts, circumstances and legal issues that must be considered and evaluated on their own merit.
Contact Krause and Kinsman Today
Our goal as your chosen eminent domain attorneys is to secure the maximum amount of just compensation for your property allowable under the law and to guide you through the condemnation process. The sooner you have a qualified eminent domain lawyer on your side, the better.
Note: The content of this website is for general purposes only. These informational materials are not intended, and must not be taken, as legal advice on any particular set of facts or circumstances. Please consult a condemnation lawyer at Krause and Kinsman for advice about your individual situation. Feel free to get in touch with us via phone, email, or live chat.