What Cogan & Power does

Cogan & Power, P.C. is a privately-held Chicago personal injury law firm serving individuals and families in Illinois who have been harmed by negligence. The firm operates from a single headquarters at 1 East Wacker Drive, 38th Floor, Chicago, and represents clients across 18+ practice areas including medical malpractice, trucking and commercial vehicle accidents, Federal Employers Liability Act (FELA) railroad claims, wrongful death, product liability, construction accidents, premises liability, nursing home negligence, aviation accidents, and catastrophic injuries such as spinal cord injuries and burns. The firm is led by founding partners Michael P. Cogan and John M. Power, with Thomas K. Prindable as Managing Partner, and lists 13 named attorneys with nearly 200 years of combined legal experience in total.

The firm runs a collaborative multi-attorney case model in which each matter draws on the targeted expertise of several lawyers, an approach the firm positions as combining small-firm personal attention with big-firm experience. Acquisition channels are direct-to-consumer: the firm maintains an extensive legal blog dating from 2013 through 2023 for organic search, a website contact form with SMS-enabled intake, and a prominently displayed phone line (312-477-2500). The firm also offers free, no-obligation consultations and will send attorneys to clients who cannot travel to the office, effectively extending its service geography across the state without additional physical locations. There is no proprietary technology platform; the firm does not advertise an app, API, or software product, and the website is the only documented digital surface.

The business model is pure contingency fee. Clients pay no attorney fees or costs unless and until the firm secures a settlement or verdict on their behalf, and the firm's fee is then deducted from the recovery. No hourly, retainer, or flat-fee arrangements are described. Revenue is generated transactionally from individual case outcomes, with documented case results ranging from a record $41 million settlement for a Marine Corps veteran left paralyzed after a bar assault, to multiple additional settlements between $10 million and $33 million across medical malpractice, railroad, and trucking matters. Marketing spend and revenue figures are not publicly disclosed, and there is no indication of external investment, parent company, or planned exit.

Name

Cogan & Power

Legal name

Cogan & Power, P.C.

Website

https://coganpower.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

11–50 employees

Short description

Cogan & Power, P.C. is a Chicago-based personal injury law firm representing individuals harmed by negligence across 18+ practice areas including medical malpractice, trucking accidents, and wrongful death. The firm operates exclusively on a contingency fee basis, serving the Illinois market.

Ownership category

akta.pro rank

Product category

Personal Injury Legal Services

NAICS

Offices of Lawyers (541110), Legal Services (5411), Offices of Lawyers (54111)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Personal Injury & Insurance Defense (BPAHAAAM)

Keywords

• Personal injury law
• Medical malpractice
• Trucking accident attorney
• Wrongful death litigation
• Contingency fee representation

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Contingency Fee Legal Services: The firm operates exclusively on a contingency fee basis. Clients pay no attorney fees or costs unless and until the firm secures a settlement or verdict on their behalf. If compensation is recovered, the firm's fee is deducted from the settlement or award. This eliminates financial risk for clients and aligns the firm's incentives with maximizing client recovery. No hourly billing, retainer, or flat-fee arrangements are described.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Cogan & Power, P.C. is a Chicago personal injury law firm that represents individuals harmed by negligence across practice areas including medical malpractice, trucking and motor vehicle accidents, FELA railroad injuries, wrongful death, product liability, premises liability, construction accidents, and catastrophic injuries. All cases are handled on a contingency fee basis with free consultations, and the firm pursues both settlements and trial verdicts. The firm leverages a collaborative multi-attorney model and advertises nearly 200 years of combined legal experience in support of client representation.

Product overview

Cogan & Power, P.C. is a Chicago-based personal injury law firm offering comprehensive legal services across multiple practice areas. The firm provides legal representation through individual service offerings including Medical Malpractice, Car Accidents, Trucking Accidents, Wrongful Death, Product Liability, Catastrophic Injuries, FELA/Railroad Injuries, Construction Accidents, Motorcycle Accidents, Bicycle Accidents, Pedestrian Accidents, Premises Liability, Pharmaceutical Errors, Nursing Home Negligence, Public Transportation Accidents, Aviation Accidents, Fire and Explosion Accidents, and Birth Injuries. The firm operates on a contingency fee basis, meaning clients pay no fees unless compensation is recovered.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Injury Legal Services Comprehensive legal representation for individual personal injury victims, covering accident types including medical malpractice, motor vehicle collisions, trucking accidents, and catastrophic injuries, with a focus on holding negligent parties accountable and securing favorable settlements or verdicts.
• Medical Malpractice Representation Legal representation for victims of medical negligence including anesthesia errors, hospital errors, doctor and nurse negligence, surgical errors, obstetrical malpractice, birth injuries, drug and medical device liability, failure to diagnose, and tracheotomy malpractice.
• Trucking Accident Representation Legal representation for trucking accident victims, including cases involving alter ego liability, broker shipper liability, distracted truck drivers, FMCSR violations, HOS violations, improperly secured truck loads, and fatigued truck drivers.
• Car Accident Representation Legal representation for motor vehicle collision victims, including drunk driving accidents and Uber and Lyft accidents.
• Wrongful Death Representation Legal representation for families pursuing wrongful death claims, including drowning accidents.
• Product Liability Representation Legal representation for victims of dangerous and defective products, including auto defects, manufacturer's liability, food poisoning and illness, electrical equipment defects, and fatal product liability.
• Catastrophic Injury Representation Legal representation for victims of catastrophic injuries including burn injuries and spinal cord injuries.
• FELA / Railroad Injury Representation Legal representation for railroad workers under the Federal Employers Liability Act (FELA), covering railroad accidents and injuries.
• Construction Accident Representation Legal representation for construction accident victims, including construction vehicle accidents and scaffolding accidents.
• Premises Liability Representation Legal representation for premises liability cases including slip and fall accidents.
• Nursing Home Negligence Representation Legal representation for victims of nursing home negligence and abuse.
• Free, No-Obligation Legal Consultation Free initial consultation delivered in person, by phone, or via attorney travel to the client, structured to assess case viability without any financial commitment from the prospective client.

Quantifiable outcome

• $41 million settlement for a Marine Corps veteran left paralyzed after bar bouncer incident
• +8 more outcomes

Named customers7 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Ankin Law Office: Large Chicago personal injury firm with a focus on workers' compensation, auto accidents, and mass torts. Competes for similar Illinois consumer cases but at a larger scale with heavier paid-ad spend.
• Goldberg Weisman Cairo: Chicago personal injury and workers' compensation firm serving clients across Illinois. Comparable GTM (contingency, direct-to-consumer) and similar practice-area breadth in PI and premises liability.
• Power Rogers & Smith: Chicago personal injury firm of comparable size, known for record-setting verdicts in medical malpractice, transportation, and product liability. Competes head-to-head with Cogan & Power for the same plaintiff cases in Illinois.
• Clifford Law Offices: Chicago-based personal injury and catastrophic injury firm with a similar high-value verdict profile (notably aviation, transportation, and medical malpractice cases). Direct competitor for the same Illinois plaintiff-side case pool and referral networks.
• Romanucci & Blandin: Chicago plaintiffs' firm specializing in catastrophic injury, wrongful death, and civil rights cases. Comparable in practice focus and market, with a similar reputation for high-value verdicts.
• Salvi, Schostok & Pritchard: Chicago-based personal injury and medical malpractice firm of similar scale, with overlapping practice areas including catastrophic injury, birth injury, and trucking cases. Direct competitor for the same Illinois case market.
• Levin & Perconti: Chicago personal injury and medical malpractice firm with a strong record in birth injury, nursing home abuse, and hospital negligence. Closely comparable in service mix and target clients.

Broad incumbents

• Burg Simpson Eldredge Hersh & Jardine: Multi-state plaintiffs' firm with a deep personal injury practice including mass torts, class actions, and product liability. Larger and broader in scope than Cogan & Power, but competes for similar high-value PI matters nationally.
• The Cochran Firm: Nationally recognized personal injury and mass tort firm with a Chicago presence. Operates a broader portfolio of mass tort and civil rights work but overlaps directly on catastrophic PI and med-mal cases.

Regional players

• Swanson, Martin & Bell: Mid-sized Chicago-based litigation firm with a medical malpractice and professional liability defense practice. Not a direct competitor (defense-side), but comparable in scale and local market presence; an indicator of the competitive Chicago legal market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/coganpower

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Cogan & Power