Personal injury accidents can cause considerable expenses and stress, and that can make the added cost of hiring an attorney seem insurmountable. Thankfully, you may not need to pay anything upfront to get the assistance you need.
If you were injured in an accident caused by someone else, itโs in your best interest to hire a personal injury attorney to help you seek whatever compensation you may be owed. If youโre worried about how youโre going to pay for it, keep reading to learn how accident lawyers get paid.
What Is Contingency Pay?
First of all, when a client is at fault for a personal injury, lawyers will often charge an hourly fee for their services. However, if you were injured due to someone else, many attorneys wonโt charge you an hourly rate.ย
For clients who were the victim of a personal injury, personal injury lawyers are often paid on what is known as a contingency basis. This means that the attorneyโs pay comes as a part of the settlement amount awarded upon completion of the case. This means your personal injury attorney only gets paid if you do.
How Much Do Accident Lawyers Get Paid?
Contingency fees will vary depending on the attorney and your case, but you can generally expect anywhere between 30% and 40% of your settlement to go toward your attorneyโs fees. Keep in mind that you may be awarded compensation for your attorneyโs fees depending on the specifics of your case. You can learn more about what you can expect to pay in contingency fees by talking to a personal injury lawyer.
What Are the Benefits of Contingency Pay?
There are several benefits to contingency for you as a victim of a personal injury. First, as we mentioned above, you wonโt owe a dime if your case doesnโt succeed, meaning no settlement is reached. As a result, a personal injury attorney wonโt waste your time if you donโt have a case. Personal injury attorneys working on a contingency basis wonโt take your case if you canโt win. You also will NOT be required to pay an upfront fee for representation. This can make hiring an attorney much more accessible for victims facing medical bills.
Get Injury Compensation With Help From a Weslaco Accident Lawyer
Getting injury compensation following an accident can be incredibly challenging, especially without the right expertise. Hiring an attorney is a serious decision, but failing to get help from a reliable personal injury lawyer can put your settlement at risk.
If youโve been injured in an accident caused by someone else, donโt face the process of seeking financial relief on your own. Get help from the Weslaco accident lawyers at The Lopez Law Group.
