How Much Will a Personal Injury Attorney Cost?
Honestly, I can't tell you how much attorney's fees are without knowing the specifics of your case. Here's why I can't tell you: personal injury attorney's fees are based on what we call a "contingency" basis. So the fees that you pay will depend—if you win your case—on the settlement. I can't know, for sure, how much you will end up paying in the end, but you will be able to agree on a specific percentage of any final settlement.
I need to repeat myself, because it is so important that injury victims understand when they are hurt in an accident, an accident lawyer charges fees that are contingent on the settlement you get from winning your case. For this reason, accident attorneys tell you that they wont charge attorney's fees if you lose. In the end, the attorney fee that you pay is included as a percentage of your settlement if you win. If there is no settlement, the personal injury attorney doesn't collect any fees.
A contingency fee is different than what a lot of other lawyers in other areas of the law do, which is to charge by the hour or offer a flat fee. Now, the percentage of the settlement that your lawyer will collect depends on the agreement you and your personal injury attorney make. A lot of times it depends on if the case is settled out of court or if it goes to trial. But, there are a whole lot of other factors your injury lawyer might take into account. There are a few rules that great injury attorneys follow, however, like requiring that the fee be reasonable, that the contingent fee be agreed upon in writing and signed by the client, and that upon completion of the case the attorney must account for why and who gets different amounts of money.
So I should find the cheapest injury attorney out there, right? An attorney that accepts the cheapest rate? Absolutely not! Never chose an accident lawyer just because of price. After you have been hurt in a car accident, for example, and you need help to pay your medical bills—the least expensive lawyer could be the worst idea. Why? While a cheap lawyer will have low priced fees, you could end up without enough to get you all the help you need for medical bills and be stuck in debt.
When looking for an injury attorney to handle your case always make sure you know for sure, and in writing, how the fee will be calculated, if the fee changes depending on how far along in the court process your case goes, and what happens if you lose. By doing this you can understand the exact conditions that your injury lawyer is working under, and you will receive the best service.
About the Author
Jim Brown is a personal injury attorney based in St. Louis, Missouri. He has written several publications, including a guide for accidents in Missouri and Illinois. You can request a free copy of, "I Survived! The Crash Victim's Guide to Dealing with the Aftermath," to help you get through the post-accident period by going to his website at http://www.CastleLaw.net and clicking "Contact Us."
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