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You are here: Home / General News / Did You Know Personal Injury Lawyers Work On Contingency?

Did You Know Personal Injury Lawyers Work On Contingency?

Posted on 09.30.16

When you have been injured in an accident, chances are good that you are unable to work, and the medical bills are mounting. The thought of going to court to recover monetary damages for your medical expenses and lost wages adds stress to an already stressed situation, because you may not have money for living expenses, never mind legal fees. Luckily, personal injury lawyers often take cases on a contingency, where legal fees are collected only in the event of successful outcome of your case and payment of your settlement or judgment. This fee arrangement allows you to hire an experienced personal injury lawyer to recover damages without having to have the money for fees up front.

In a case where a fee is paid upon contingency, the lawyer collects a percentage of what is paid to the client. The fee is called contingent, because payment of the fee depends upon whether or not the client is able to settle or collect damages for their case. Most lawyers will take 33%-40%, in addition to expenses incurred during the time spent working your case. While your case progresses, you may be responsible for court fees and expenses for expert witnesses, travel expenses to conduct interviews and take depositions, copies of medical records, police reports, filing fees and investigators. If your case takes a long time to settle, costs and expenses may be much higher. Alternatively, your court fees and expenses may be deducted from your settlement at the resolution of your case. Ultimately, your legal and attorney’s fees can cost 45%-60% of your settlement.  As you meet with prospective personal injury lawyers, be sure to discuss payment of expenses, as well as the percentage the attorney will be paid on contingency. Discuss the likelihood of settlement in your case, and whether your prospective personal injury lawyer has trial experience with your type of injury case.

 Did You Know Personal Injury Lawyers Work On Contingency?At Best Local Attorney, we know how to find the BEST lawyers in all 50 states and Canada and will get you in contact with one. We will evaluate your claim for FREE and assist you in finding a reputable, experienced high-powered attorney near where you live who is tailor fit to your needs. Not long ago we had a client injured by the negligence of a major automobile manufacturer. It was a seat belt case and we referred our client to the most successful firm we knew in prosecuting seat belt claims. The trial resulted in a verdict well in excess of FIVE MILLION DOLLARS and we collected every penny of it for my client. We can help you find a personal injury attorney in your area with the experience you need to successfully resolve your personal injury case. Our attorneys are skilled negotiators and litigators who have your best interest in mind. Trust Best Local Attorney to use our years of networking and legal experience to put you in touch with a lawyer who will fight for you. Call us today at 1.800.603.6833 or fill out the form in the sidebar to find a personal injury lawyer you can trust, and the financial relief you deserve.

 

Categories: General News Tags: no fee guarantee, personal injury

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