How Much Do Personal Injury Lawyers Charge?
Posted On behalf of Pfeifer Morgan & Stesiak on Jun 08, 2018 in Personal Injury
Most people think that lawyers are expensive, so they may decide to work on their accident claim alone. However, this tactic can often backfire and cost personal injury victims more in the long run when their claim is denied or they receive a lowball settlement offer. Many personal injury attorneys charge in a way that makes it affordable and accessible to hire them.
If you were injured in an accident and you need legal help, contact the experienced South Bend personal injury attorneys at Pfeifer, Morgan & Stesiak. We can explain our fee structure and how working on contingency allows you to tap into our experience and knowledge in these types of cases without having to pay anything up front. We only get paid if you do, so there is no risk to you.
Our team is ready to talk to you today: (844) 678-1800
How Contingency Fees Work
Many lawyers charge fees based on an hourly rate. The client is required to pay a certain amount of money per each hour the lawyer works.
For example, if a lawyer charges $250 an hour and works four hours, the client would be required to pay $1,000 for these services. Clients may be able to pay these fees if they anticipate having a legal need, such as in a case involving the preparation of documents or divorce.
However, most car accident victims do not anticipate being hurt and may not have funds saved up for this unanticipated expense. Due to this reality, many personal injury attorneys work on a contingency basis.
With a contingency fee, clients pay their lawyers for attorney’s fees only if the attorney helps them recover compensation. The client usually does not pay anything up front, so the victim can assert his or her legal rights even if he or she does not have the funds to support the claim.
This way, the lawyer takes on the risk by devoting his or her time to a case without a guarantee of payment. If the claim is successful, the lawyer takes a specific percentage of this award or settlement.
This fee structure is a good option for personal injury victims as they do not have to pay attorney fees up front or out-of-pocket. This allows the client to have access to high-quality legal services regardless of their economic status.
What Happens During a Free Consultation?
During a free consultation, you will have a chance to talk with an experienced personal injury lawyer about the specific details involved in your claim. You will learn about the services that we offer and how we can help you recover compensation.
We will also discuss our free structure during this consultation so that there are no surprises to you. We can discuss your legal options to pursue the compensation you are entitled to.
What Other Attorneys May Charge
Other attorneys may charge differently for their services. They may charge a higher contingency rate than our attorneys do.
They may also base their contingency fee on the amount of work involved in the case. For example, they may charge a higher amount if the case involves litigation but charge the standard rate if they can resolve your claim with a demand to the insurance company.
Other attorneys may not want to take on the risk of a contingency fee arrangement and may instead charge an hourly rate or a flat fee for a specific type of legal service.
A flat fee also means the client will be charged even if the lawyer is not able to recover any compensation for the client, which is risky for the client.
In addition to attorney fees, other law firms may also require you to pay your attorney for other expenses that come up with litigation, including:
- Court costs
- Copies of medical records
- Costs to retain expert witnesses
- Court reporter fees
- Long-distance calls
- Copy fees
- Subpoena fees
Depending on your agreement with your lawyer, you may be required to pay these costs up front, or they may deducted from your award or settlement. Our law team is paid on contingency, which ties our fees to the amount of compensation we are able to help you recover.
Contact an Attorney
If you sustained an injury in an accident, contact the skilled South Bend car accident attorneys at Pfeifer, Morgan & Stesiak for assistance. We provide our legal services on a contingency fee basis, so you pay nothing up front and you only pay for our services if we help you recover compensation for your claim.
We can explain our fee structure during a free, confidential, no-obligation consultation and discuss the ways that we can help you with your claim. Contact us today to find out how we can help you.