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Disadvantages. The main problem with a contingency fee agreement is that it could cost the plaintiff more than standard hourly rates for a lawyer if the case settles quickly. A standard contingency fee can range between 30-40% of the final award.
You may be able to sue for and recover compensation for several different types of damage in a wrongful termination case, including: Medical Expenses. ... Lost Benefits and Earnings. ... Job Search Costs. ... Punitive Damages and Attorney Fees.
Contingency fees mean you will pay the lawyer a certain percentage of the money you receive if you win the case or settle the matter out of court. If you lose your case, the lawyer does not receive any payment from you.
If you intend to sue your employer, it is important to act quickly and within the statute of limitations. In Texas, the deadline for filing wrongful termination claims is 180 days from the date of your dismissal. If your suit is successful, you may be eligible for lost wages, punitive damages or job reinstatement.
If your definition of winning is winning at trial, then you will probably lose. I've seen research suggesting that only 5-25% of employment cases are successful at trial. But if you define winning as obtaining money for your lawsuit, you have a good chance. Over 90% of these types of cases settle.