Here’s helpful information if you are looking for How Much Do Car Accident Attorneys Cost you? and Best Attorney For Auto Accidents in your state. If the other driver is at fault for your car accident, you’ll probably be able to hire a personal injury attorney on a “contingency fee” basis. Find out when it’s worth the cost.
If you hv a question about when to call an attorney after a car accident? When you’re hurt in car accident, undergoing medical treatment, out of work, and dealing with an insurance company, the last thing you need is a bill from an attorney.
Attorneys who represent injured people understand this. We know that most people in this situation can’t pay a lawyer cost out of pocket. That’s why the law allows a unique fee arrangement for these types of cases.
A Car Accident Lawyer’s Contingency Fees Percentage
The good news is that you won’t need money up front when you work with a reputable personal injury lawyer. Personal Injury lawyers work on a contingency fee basis. This means that the attorney doesn’t get paid, unless he wins your case. It’s also very beneficial for the client as they don’t have to risk the costs of taking a complex case to trial.
The standard percentage among most personal injury lawyers varies greatly, though 25% to 40% is considered an acceptable range. Outlining this in practical numbers, a case which results in $90,000 in damages awarded to the plaintiff will earn the attorney a fee of $30,000.
In some states, there are other factors that may affect the attorney’s percentage. For example, some states require a shifting percentage, which is based upon the stage of your case, when the lawyer is retained, and the value of the damages awarded. Another factor has to do with the possibility of an out-of-court settlement. If the case settles before the defendant officially answers the complaint in court, the attorney percentage is usually lower. Conversely, a case going to trial will earn the attorney a higher percentage.
In the above example, suppose the defendant settled for the $90,000, before answering the complaint in court. In that situation, the attorney fee of 33% will earn him the $30,000 fee. However, if the case goes to trial in a state where the law allows the attorney to take 40%, the attorney can take a $36,000 contingency fee.
Don’t doubt there are attorneys who’ll take on smaller claims in exchange for a higher percentage of the recovery.
If any of these apply, you may need an attorney
- Broken bones, hospital stay, long-term health affected
- Someone died in the accident
- Medical treatment costing more than a couple thousand $$
- Missing more than a couple days work, school, or normal activities
- Non-economic losses like emotional trauma, pain and suffering, loss of companionship
- There is dispute over whose fault the accident was
- Multiple people were harmed in the accident
- The accident took place in a construction zone or other questionable area
- The paperwork does not look accurate (police report, insurance communications)
- Details are complicated (technical, legal, medical)
- Insurance is not playing nice
Be mindful of the cost of not hiring a lawyer
Our suggestion dnt try to tempted or handle your case on your own – after all, then you’ll be able to keep 100% of what you recover. The problem is that the amount you recover will likely be much less than what you would have gotten with legal representation. Experienced car accident attorneys understand the process and have the resources needed to level the playing field with the insurance company. Without a lawyer on your side, you are at a significant disadvantage against the insurance company and their lawyers.
The insurance industry’s own data reflects that people who hire an attorney recover significantly more than those who don’t, even taking attorney’s fees into account. In fact, even people who just talk to a lawyer about their options recover more on average than those who go it completely alone.
There’s no cost for an initial consultation and no obligation to hire and attorney, so it is absolutely in your interest to talk to an attorney if you’ve been injured in a bad car accident. During your free consultation, you’ll be able to discuss the strength and value of your car accident case as well as the attorney’s fee arrangement and any other questions you may have. Don’t delay. Talk to an experienced Best car accident lawyer in your state today.
communicate with the other driver’s insurer
obtain the necessary evidence with respect to fault for the accident
organize your medical records and bills
communicate with your health care providers to obtain missing records
A contingency fee, or contingent fee, is an arrangement in which your lawyer only gets paid if there is a favorable outcome. Rather than charging an hourly fee or retainer, the attorney agrees to accept an agreed-upon percentage of your recovery – whether that’s a negotiated settlement or a jury verdict.
There are some cases where the potential recovery for a claim is so small that you simply cannot justify hiring an attorney.