That is, in fact, the "industry standard." It does not motivate the attorney to keep costs down, though many of us do not include basic overhead in the"fees" and most of us do specify what "fees" will be charged. For example, I do not charge for copies unless requested by the client or if I have to use an outside service, such as for receiving or responding to discovery requests. I don't bill for travel expenses within 20 miles, and I don't charge for phone bills unless it's a formal teleconference with an outside vendor who bills me. I always require clients to pay filing fees up front. Other fees, such as depositions, I may require the client to pay for at the time, or I may advance those expenses. What the contingency fee DOES do is motivate the attorney to get your case settled as quickly as possible. It also motivates the attorney to maximize your recovery within the range he or she believes can be obtained. Lastly, it gives you a chance to shift the risk of your recovery onto someone else. That is expensive because if your case turns out to be no good, you're just in the same place as if we hadn't taken the case, but we wind up having been effectively unemployed for all the time we put into your case.