Cost of Hiring a Personal Injury Attorney
Hiring a Personal Injury Attorney: Will it cost me anything?
Let me paint a picture for you. You were recently in a serious car accident where someone rear-ended you. You stayed at a hospital overnight and are in an overwhelming amount of pain. You’re on multiple medications and are seeing types of doctors you’ve never even heard of before. Co-pays and medical bills are piling up. Your car is seriously damaged, and you don’t even want to think about the deductible you’ll have to pay to get it fixed. Every day is a challenge.
You have heard that it may make sense to hire a personal injury lawyer to help get you compensation for what you are going through. However, you are concerned about how much a personal injury lawyer will cost you. You believe that lawyers can be expensive, and you don’t need any additional stress in your life right now.
You can put that fear aside. Enter the contingency fee.
Hiring a personal injury attorney won’t cost you anything out of pocket.
Yes, you read that right. For personal injury cases, such as a serious car accident, the attorney works for you on what is known as a “contingency fee basis”. This means they only earn a fee if they recover money for you in your case. If they don’t, you don’t owe them a penny. It is “contingent” on your financial recovery. The fee is calculated as a percentage of the amount recovered. The fee will range from 25% to 40%, depending on the circumstances of the case. There may also be litigation costs necessary for pursuing your case, such as the cost of obtaining your medical records, court filing fees and court reporter fees. However, as long as these costs are reasonably necessary, the attorney will pay these costs upfront and then get reimbursed for them out of any financial recovery they obtain for you. If this seems confusing, think of the attorney’s fees and litigation costs as if you were having a mechanic fix your car- where the attorney’s fees are the labor and the litigation costs are the parts.
All of this means that instead of worrying about money after your car accident injury, you can focus on what matters most: healing. If you have been seriously injured in a car accident, please contact the firm for a free consultation here(“here” would be hyperlink