How We Are Paid

How We Are Paid: Understanding Contingency Fees at Iorio Law PLLC

At Iorio Law PLLC, we believe that every investor deserves access to justice, regardless of their financial situation. That’s why a significant portion of our practice is based on a contingency fee model. This payment structure allows us to represent investors in securities arbitration and investment fraud cases without requiring you to pay upfront legal fees. This page explains what a contingency fee is, how it works, and why it benefits our clients across New York and nationwide.

What Is a Contingency Fee?

A contingency fee means that our legal fees are contingent upon the successful outcome of your case. In simpler terms, you only pay us if we win your case, either through a favorable settlement, an arbitration award, or a lawsuit judgment. If we don’t recover money for you, you generally don’t owe us attorney’s fees. This aligns our interests directly with yours: we are motivated to achieve the best possible result for your claim.

How Does a Contingency Fee Work in Securities Arbitration?

Here’s a breakdown of how a contingency fee arrangement typically works at Iorio Law PLLC:

  1. Free Initial Consultation: We start with a free, no-obligation consultation to discuss your potential securities arbitration claim. During this consultation, we’ll evaluate the merits of your case, review your legal rights, and explain how we can help.
  2. Contingency Fee Agreement:If we take your case, we’ll provide a clear written agreement outlining the percentage of any recovery that will serve as our legal fee. This percentage varies based on the complexity of the case, but it is always agreed upon upfront.
  3. No Upfront Legal Fees: When you hire Iorio Law PLLC on a contingency basis, you do not pay any hourly rates or retainers for our legal services. This eliminates the financial burden of pursuing your claim.
  4. Case Expenses: It’s important to understand that while attorney’s fees are contingent, there may be case expenses involved. These expenses can include filing fees, expert witness fees, forum fees, and other costs directly related to prosecuting your claim. In many contingency fee arrangements, these expenses are advanced by the law firm and then reimbursed from the gross recovery before the contingency fee is calculated. We will discuss all potential expenses with you upfront.
  5. No Recovery, No Attorney’s Fee: If, for any reason, we are unable to secure a recovery in your case, you generally will not owe us attorney’s fees. You may still be responsible for certain advanced litigation costs, but this will be clearly laid out in our agreement.

Benefits of a Contingency Fee for Investors

The contingency fee model offers several significant advantages for investors pursuing securities arbitration claims:

  • Access to Justice: You can pursue your claim without worrying about upfront legal costs, making it possible to seek justice regardless of your financial situation.
  • Aligned Interests: Since our payment depends on your recovery, we are motivated to achieve the best possible outcome for you.
  • Reduced Financial Risk: You don’t have to worry about accumulating large legal bills if your case doesn’t succeed. This reduces your financial risk.
  • Shared Risk: Our firm shares the risk of litigation with you, as our payment is directly tied to the outcome.
  • Focus on Recovery: You can focus on your life while we handle the legal complexities, knowing we’re working diligently to secure your compensation.

Transparent Fee Agreements

At Iorio Law PLLC, transparency is paramount. Before we begin any work on your case, we will provide you with a clear, written retainer agreement that details our contingency fee percentage, how expenses will be handled, and all other terms of our representation. We encourage you to ask any questions you have to ensure you fully understand our fee structure.

Why Trust Iorio Law PLLC?

Based in New York, NY, Iorio Law PLLC represents clients nationwide in securities arbitration and investment fraud cases. Our founder, August M. Iorio, brings extensive experience as a securities arbitration attorney, having successfully recovered millions for investors. Our contingency fee model reflects our commitment to making justice accessible while delivering exceptional legal representation.

We pride ourselves on:

  • Client-Centered Approach: We prioritize your needs, keeping you informed and empowered throughout the process.
  • Proven Results: Our track record demonstrates our ability to secure substantial recoveries for clients.
  • Transparent Communication: We explain every step, including how fees and expenses work, so you can make informed decisions.

Contact Iorio Law PLLC Today

If you’ve suffered investment losses due to fraud, misrepresentation, or broker misconduct, Iorio Law PLLC is here to help. Our contingency fee arrangement makes it easier for you to seek justice without a financial burden. Contact us today for a free consultation to discuss your case.

Let Iorio Law PLLC fight for the compensation you deserve. Schedule your free consultation today.

Questions? Do you have questions about how a contingency fee would apply to your specific securities arbitration case? Contact Iorio Law PLLC today for a free consultation.


Disclaimer: The information on this page is for general informational purposes and does not constitute legal advice. Every case is unique, and outcomes depend on specific circumstances. Contact Iorio Law PLLC for a personalized evaluation of your case.

Client Reviews

August Iorio is a wonderful, very competent attorney. He helped me through a very complicated financial situation to a result that benefitted me greatly. He is responsive, efficient, and very accommodating to my personal situation. I highly recommend him.

Christine L.

I was impressed with August Iorio's directness and clarity in explaining the claim process and how it might work out. I also appreciated his promptness in getting back to me when I had questions or other concerns. The law firm is very good at what it does.

Art H.

August Iorio was the lead on our case. His professional demeanor, partnered with his responsiveness to our questions, suggestions, and ideas made us feel as if we were a team with a common goal. He always kept us updated and informed and gave us realistic expectations which resulted in a timely...

EB & SB.

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