After a car accident, victims typically face significant financial burdens. This is why accident lawyers often charge their fees based on contingency. Under a contingency-fee arrangement, clients owe no legal fees to the attorney unless or until the attorney recovers damages. This allows them to pursue justice at no financial risk.
Our personal injury lawyers work on a contingency-fee basis. We also offer free case reviews, so injury victims can learn more about their options before deciding if hiring our legal help makes sense for their case.
How Contingency Fees Work in Personal Injury Cases
The American Bar Association affirms that contingency-fee arrangements are taken as a percentage of your final settlement or award. At the start of a case, the lawyer will explain how their firm’s contingency fees work and their firm’s percentage rate. This percentage typically ranges from 30 – 40%, depending on the firm’s experience and other factors.
In writing, the involved parties will agree to the portion of the eventual recovery the lawyer will receive for work performed on the case.
The Lawyer Could Finance the Case Proceedings
In this type of arrangement, the attorney will finance the case for the client until its conclusion. Along the way, the attorney will often pay for the expenses involved in an insurance claim or lawsuit, such as:
- Deposition costs
- Filing fees
- The cost of copying medical records
- Expert witness fees
The attorney will typically deduct the case expenses they covered for the client from the award. The client will receive the rest after the lawyer is paid their labor fee, the original fee agreement says.
However, some lawyers who work based on contingency require that clients pay for these incidental fees during their case. Be sure to ask at the start of a case to understand how the firm structures fees.
For a free legal consultation, call 317-636-7777
The Benefits of Contingency-Fee Arrangements
Car accidents can leave victims with serious financial challenges, and car accident lawyers understand that. Contingency-fee agreements offer many benefits for accident victims.
Pursue Justice and Compensation Without Adding to Your Financial Demands
This type of fee agreement offers access to legal advocacy that otherwise would be unavailable to many who suffered (or are suffering) because of another person’s negligence.
Contingency-Fee Arrangements Result in Focused Lawyers
This ensures that the client’s goals and the lawyer’s goals are aligned. Attorneys compensated in this way have every reason to fully dedicate themselves to the cause. This is because the lawyer’s payment for their investment of time and resources in the case depends on securing a beneficial result.
If You Don’t Get Results, You Don’t Have to Pay
Imagine spending thousands of dollars in lawyer’s fees only to lose your case. Contingency-fee arrangements prevent this kind of scenario and ensure that you only pay your lawyer based on results.
Other Fee Structures Used by Auto Accident Lawyers
Contingency fees are a common fee structure for injury lawyers (including car accident lawyers). Attorneys practicing injury law may make use of other payment structures beyond contingency fees, though.
They may require:
A retainer works as a kind of deposit taken by a law firm at the beginning of your case. These funds are placed in a trust account for the firm to use as the case progresses.
In some situations, a lawyer may require both a retainer and contingency fees. This way, you will pay both an upfront fee and a percentage of your final settlement.
These fees are paid by the hour at a predetermined hourly rate. Depending on the time involved in your case, these kinds of fees can quickly add up. Get an estimate of your anticipated fees and the estimated time involved in your case if you work with a firm that uses an hourly rate structure.
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Benefits of Working with an Injury Lawyer After a Car Accident
A serious personal injury or accident in Indianapolis can be life-altering – for the victims and their families. You can focus on recovering your health while a lawyer handles your case for financial recovery by hiring legal help with your case.
Our attorneys can:
Accurately Value Your Case if You Have Serious Injuries and Medical Bills
Physical pain, lasting disability, wage loss, and emotional trauma are serious challenges. Severe injuries may require a range of advanced care and leave you uncertain of your ability to return to work. In these situations, you may want to have our team’s experience and resources on your side.
We will work to understand not only how much the accident has cost you already but how much you may expect to pay in the future. Our team will consider:
- Your medical prognosis
- Anticipated physical therapy or surgeries
- The hardships you’re likely to face in your work and life down the line
Then, we’ll seek fair compensation for all of these losses.
Help You with Aggressive or Unfair Insurance Tactics
Unfortunately, insurance companies may go to great lengths to deny or undervalue your case. You may hear that your injuries aren’t as severe as they are or that you made your injuries worse. The good news is that our firm is familiar with these tactics and will use evidence to prove what your case is worth.
We will handle every aspect of the settlement negotiations process for you. If your lawyer doesn’t receive a fair offer, they can take your case to trial.
Be an Advocate for You Through Every Step
Car accident cases may seem relatively straightforward, but many complications can arise. Our legal professionals can talk you through every step of your injury case, explaining your options in clear terms and protecting your right to seek compensation.
With our contingency-fee arrangement, you can get guidance through your injury case at no upfront cost. Our legal team will seek the best possible results for you.
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Learn How to Get Help on a Contingency-Fee Basis with Sevenish Law Firm, P.C.
If you suffered an injury and believe another person’s negligence is to blame, you could get help with your case today. You don’t have to worry about how much accident lawyers charge when working with us.
Call Sevenish Law Firm, P.C. today to discuss how we fight for clients’ rights on a contingency-fee basis and how we may be able to assist you. Call our team today at (317) 636-7777.