If you are wondering “How much does it cost to hire a motorcycle accident lawyer?” the answer may surprise you. A motorcycle accident lawyer is initially free if the law firm offers a contingency fee structure. The contingency fee means the lawyer receives a percentage of whatever settlement you receive if they win the case. This percentage ranges between 33.33%-40%, but the standard is usually a third or 33.33% of the total amount awarded.
The contingency fee may also be subject to change depending on the terms of your legal contract with the law firm. For instance, if the case is easily settled out of court, the contingency fee may be lower than usual. These fees can offer an advantage because they help you seek legal counsel even if you do not have the financial means to pay an hourly rate.
The contingency fee is also beneficial in that it motivates the lawyer to have a must-win attitude regarding the case. This is because contingency fees are only applicable if you win the case. In the event, you lose your motorcycle accident case, you pay nothing.
What You Need to Know About Contingency Fees
After a motorcycle accident, all your money may go toward covering your medical expenses. This may leave you with little or nothing leftover for legal expenses. Making a personal injury claim without a lawyer is very difficult.
With a contingency fee structure, however, you will be able to get legal representation without paying anything upfront. Your lawyer may agree to cover the cost of litigation as well, but he or she may increase the contingency fee to account for such costs.
The statute of limitations on filing personal injury claims is two years in most states. If you do not yet have a lawyer, a contingency fee will help you get one fast and file your case in good time.
Your lawyer will discuss the terms of your contingency fee agreement before you sign. If you have any concerns or questions, ask your lawyer before signing the contract. The advantage of having everything in writing is that there are no surprises.
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Why It Costs Nothing Upfront to Hire a Motorcycle Accident Lawyer
The contingency fee structure can be a win-win for the client. This type of payment schedule makes the upfront cost to hire a motorcycle accident lawyer zero. This is a big advantage considering that lawyers charge an hourly rate for their services.
With this method, the client avoids paying hourly rates for litigation, which could take months or even years. The client does not have to incur any costs at the start of the case. Instead, all bills get settled after the case. On the other hand, the lawyer has to win the case to get paid. Failure to do so means the client pays nothing.
Compensation in a Motorcycle Accident
The amount of compensation you receive in your motorcycle collision case will depend on:
- The severity of your injuries.
- The cost of damages, including the cost of repairing your motorcycle.
- The number of wages lost as a result of the accident.
- Whether the liable party had insurance coverage.
- The cost of medical expenses incurred.
Why Get a Motorcycle Accident Lawyer?
After a motorcycle accident, you need to focus on recovery. Hiring a lawyer helps you focus on getting back to your feet while your lawyer handles everything related to your case. You may want to call a lawyer as soon as possible after a motorcycle accident.
The main objection most people have against hiring a lawyer is that they are expensive. In a personal injury case based on contingency, however, you can put off the cost until after you win your case. This frees you from any financial obligation to the lawyer in the event that you lose the case. A lawyer can help prepare your case, negotiate with insurance companies, and even collect evidence to help you win.
Trying to handle a personal injury claim on your own is very difficult. The insurance companies any attempt to downplay your injuries and even argue that you are partly liable for the accident. Having a motorcycle accident lawyer by your side can help you to get the compensation you truly deserve.
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Get Legal Help Today
If you or your loved one has suffered injuries from a motorcycle accident, you may qualify for compensation. The cost to hire a motorcycle accident lawyer should not keep you from doing so.
Sevenish Law Firm, P.C. offers a contingency fee structure for personal injury claims. We can evaluate the details of your accident and determine how to go forward. If we take you on as a client, you pay nothing unless we secure your settlement. Moreover, you will have the Lawyer Who Rides on your side, who understands the nuances of motorcycle cases, as a motorcyclist himself.
To get a free case evaluation, contact our offices at Sevenish Law Firm, P.C. today at (317) 636-7777.