Having an accident which impacts on your life is stressful. When you are trying to cover medical costs and need to take time off work to recover, it is important that you know what your financial options are. Personal injury attorneys help people who have been through an accident and now seek recourse from the other person who caused it. Before you meet with a personal injury attorney, there are details you need to gather so the attorney can help you with your case. These posts are all about what accident and personal injury attorneys do, what they need from you, and the different situations where using one is beneficial to your lifestyle.
Almost everyone has seen the advertisements on billboards and television touting legal representation with no upfront legal fees. The lawyers advertising their services in this manner use contingency fee arrangements. This way of purchasing legal services can be a great way for accident victims to get the help they need, but they should understand how these arrangements work. Read on for some guidance to get you started.
How Do Contingency Fee Lawyers Get Paid?
If you've been hurt in an accident, you can expect to be paid by the at-fault driver's insurance company for medical expenses, lost wages, pain and suffering, loss of property, and more. That money can come to you two ways – either by a settlement or by a court judgment. Contingency fee lawyers are paid from the compensation you get. The amount is negotiable, and it might be a percentage of the award from 5% to 50%.
What Are the Benefits of a Contingency Fee Arrangement?
If your lawyer offers you a contingency fee arrangement, then they think you have a good chance of winning your case. Take a look at some of the benefits of this type of payment arrangement:
Make an appointment and talk with a personal injury lawyer like Cok Kinzler PLLP about your case and potential contingency fee arrangements today.Share
20 August 2020