Cost Of Hiring A Personal Injury Lawyer
When you have been injured, you are overwhelmed by pain and the financial strain it can put on your entire family. You likely have piles of medical bills, regular monthly obligations, and have had to take time off of work to heal. The stress is incredibly hard to stomach. The last thing you want to think about is paying for an attorney. Thankfully, most personal injury attorneys don’t need to be paid upfront. Dashner Law Firm always wants our clients to be well informed of your rights. Here we will discuss the basics of contingency pay basis and what you can expect to pay your attorney.
What Is a Contingency Fee?
Most personal injury attorneys don’t require any payment up front. Instead, you will be asked to sign a contingency fee agreement. While each agreement can vary, the general point of a contingency fee is that you don’t pay your attorney unless you win. Your attorney instead will ask for a certain percentage of your settlement or court award. This percentage can vary depending on the attorney. It is important that if you have questions about how the fee is calculated that you discuss this before signing your fee agreement. A good attorney will give you time to read through the agreement thoroughly before signing
Why Have Contingency Fees?
Attorneys offer contingency fees as a method of payment to give more people access to the legal system. Without contingency fee agreements, those who couldn’t afford access to the civil system could be taken advantage of with no recourse. Personal injury attorneys that offer contingency fees as a way of payment must believe in the merit of the case and getting justice for their clients.