Prospective clients that contact our law firm have a lot of questions on their mind. One of the most common questions asked by injured victims during initial consultations with our accident attorneys is, “how much will legal representation cost me”, or “how much do you charge.”
Cost of Hiring a Car Accident Lawyer to Represent You
Attorneys usually charge clients on the amount of hours they work on a specific case. For example if an attorney works 30 hours on your case with an hourly rate of $500 per hour the legal fees will amount to $15,000.
However, the vast majority of Auto car accident personal injury legal costs are predicated on a contingency fee basis. Basically, a contingency fee basis means that your attorney will take a percentage of the settlement or verdict amount as compensation for legal representation rendered during the lawsuit process. A contingency fee basis can be beneficial to clients who have suffered injuries and are unable to foot legal expenses and attorney fees.
Another beneficial aspect of contingency fee agreement is that a client will not be forced to pay for legal fees if there is no settlement or verdict in the case regardless of the amount of hours an attorney has worked on the case.
What Is the Percentage Charged By Attorneys in a Contingency Fee Agreement
The amount of the contingency fee a lawyer will charge is based on numerous factors including the jurisdiction where the case will be tried, the specific type of personal injury case involved, the age of the injured plaintiff, and the severity of the injury suffered. In some instances a personal injury law firm will have to charge a hire fee in cases which require an extended litigation process. While in some cases where there is a potential for a high settlement amount, attorney will ask for a lower percentage in a contingency fee agreement. Generally a contingency fee agreement will implement an attorney fee between 30% and 40% of a personal injury verdict or settlement.
Amount of Compensation Available: Victims of car accidents are entitled to compensation for all losses including, hospitalization and all medical costs, rehabilitation care, future medical costs, lost wages and future reduction of earning capacity due to permanence of injuries, pain and suffering, emotional distress, and punitive damages where possible. Legal Assistance: If you have any other legal questions and would like to speak with a personal injury attorney contact our law offices toll free (855)385-2529. All consultations are completely confidential and free of charge.
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