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We know that a lot of people are hesitant to seek out a car accident attorney after being injured due to financial concerns. However, most people are unaware that most personal injury lawyers work on a contingency fee basis. Silverthorne Attorneys is no exception to this. We are going to answer some common questions about contingency fees; what it is and how it works.
Contingency Fee Basics
Put simply, a contingency fee agreement is one in which you do not have to pay of your attorney’s fees upfront. Your car accident lawyer will receive payment for their services once they settle your case. If your attorney does not win the case or is not able to settle your injury claim, you are not responsible for paying their fees.
When your car accident lawyer wins your case, then they will take a percentage of your recovery. The amount that your attorney will take will depend on a variety of factors. These are outlined below:
- Complexity of the case – Depending on the complexity of your case, your car accident attorney may decide to take a higher percentage than normal. The average we have seen an attorney take is generally 30-33%. Make sure you speak with your attorney to get a sense of what it is you are looking at.
- Litigation costs – Oftentimes there are additional costs when it comes to litigating your case. And that likely factors into the costs that your attorney will collect on at the end of your case. These include the following:
- Court and filing fees;
- Discovery costs;
- Expert witnesses (if applicable)
If you win the case, you will be responsible for paying the above fees out of your settlement amount. However, it makes a difference if your attorney takes the percentage of their fees before or after these costs have been paid.
Hiring an Attorney Who Works on a Contingency Fee
As injury attorneys, we know that people are concerned with paying out of pocket for our services. Luckily, you don’t have to. Not only are our initial consultations free, the car accident lawyers at Silverthorne Attorneys work solely on a contingency fee basis.
Once you meet with and hire an attorney, you will sign a contingency fee agreement that outlines everything for you. There will never be any surprises and we make sure that there are no hidden fees. It will be specific and unique for every case.
Worrying about having to pay any filing fees, arranging for payments of depositions and paying for medical bills and records should not be your concern. We do all of the heavy lifting for you so that you can focus on healing. The attorneys in our office have found that the contingency fee structure works best for our clients because there are never any surprises. We do what we can to get our clients the best settlement possible after their car accident.
If you have been in a motor vehicle accident, injured on somebody else’s property, or were injured due to the negligence or carelessness of another party chances are good you’re going to need to hire a personal injury lawyer. All personal injury lawyers operate on contingency in nearly every circumstance. While there are some exceptions to the rule, if you’re injured now and need to get your questions answered from a qualified injury lawyer.