Personal injury lawyers use contingency fees to ensure that victims of an accident are able to receive the legal assistance they need. Because they only recover damages in a personal injury case, you are only charged for legal services. Your lawyer’s payment is contingent on their winning a settlement.
You may be curious about the cost. Before you hire an Atlanta car accident lawyer you must agree on the fee. You won’t owe any money if they don’t get a settlement or verdict from a jury.
What Do Car Accident Lawyers Charge You?
The contingency fee that an Atlanta attorney receives can vary, but it usually amounts to 25-40% of the award. Average fees are around 33%. Your attorney will be paid about $30,000. If your settlement for an auto accident case is $90,000. After deducting the fee, your attorney will receive $60,000 in return.
A contingency fee in a personal injury case is a great incentive for a lawyer to get the highest settlement amount. A claim can be submitted for a settlement that you are unable to pay in another type. The matter is less stressful because you don’t have to pay anything unless the claim is won.
Why a Contingency Fee Is More Feasible
A personal injury lawyer charges a contingency fee to ensure that the client receives fair and equitable compensation. You can file a claim if you are facing high-cost damages after an accident.
Setting Up a Fee Arrangement
An attorney will establish a fee agreement to ensure that the client and the attorney are on the same page. This prevents any confusion about their legal representation costs.
Be Clear About All Costs Before You Start Your Case
The fee agreement sets out the amount you will pay your lawyer if they win a settlement or verdict. The agreement will also include any additional fees such as expert witness fees, court filing courts, and charges for obtaining medical records or paying for an investigation.
Other Types of Legal Fees
Lawyers who refuse a contingency payment may accept a flat fee, upfront compensation, an hourly arrangement, or a retainer, with billable hours added on top. These fees are unlike a contingency fees where you don’t have to pay anything unless your case wins.
If you are interested in filing a personal injury case, you can benefit from the payment of a contingency fee that personal injury lawyers usually charge.