Do you have a personal injury case? You’ll need to hire an attorney, but you don’t want the cost to hire an attorney dissuade you.
The alternative is to hire a contingency fee lawyer. These are attorneys that don’t get paid unless they win your case. Since the vast majority of personal injury cases settle out of court, this is a win-win situation.
There are a number of other benefits of hiring a personal injury lawyer on contingency. Read on to learn what they are.
1. You Don’t Pay Out-of-Pocket
When you hire an attorney on a contingency basis, you don’t pay them unless they win a settlement.
How do they get paid? They get paid a percentage of your settlement. You don’t pay anything out-of-pocket to hire an attorney, which is great compared to hiring an attorney on an hourly basis.
In that case, you would have to pay anywhere between $150-$250 an hour.
2. You Have a Good Chance to Win
Attorneys can’t afford to work for free. That makes them very selective about the cases that they do take on contingency. You should remember that when hiring a wrongful death lawyer.
You have a great chance to win your case and the attorney will work harder to get you a settlement that’s more than fair.
3. Percentages Are Negotiable
Attorneys do work on a contingency fee based on a percentage of your settlement. For personal injury cases, the percentage ranges between 30% – 50%. You can negotiate the percentage with your attorney.
With worker’s compensation cases, there isn’t that much room for negotiation. You’ll pay a lower percentage, but the percentages are set by the state’s worker’s compensation board.
4. You Have Nothing to Lose
You don’t pay an attorney unless they win your case. What happens if you lose your case?
You don’t have to go bankrupt to pay the attorney’s fees. There may be ancillary costs that you need to pay for, such as document shipping and office fees.
This is something you need to clarify with your attorney before you hire them.
5. You’re Not Powerless
One of the things that big businesses and organizations count on is that they have a larger legal staff that they can afford to pay for years.
It’s not uncommon for large companies to assume that you’ll give up because they have the ability to outspend you.
That’s not the case with a contingency case. You need to find an attorney that will invest the time to go the distance.
Hire a Contingency Fee Lawyer
If you have a personal injury case, you are likely to hire a contingency fee lawyer. There are a number of benefits of getting legal representation on a contingency basis.
You don’t need to pay anything upfront, and the attorney has an incentive to work on your behalf. Most of all, you have someone on your side that’s willing to fight for you.
Do you have more legal questions? Get them answered by checking out the other articles on this site.