Types of Fees Attorneys May Require in a Personal Injury Case

Types of Fees Attorneys May Require in a Personal Injury Case

The compensation of a personal injury lawyer can vary based on the type of case at hand. If you would like work with a personal injury lawyer from Dolan Dobrinsky Rosenblum, you may want to be conversant with the types of fees they could charge you. In most cases related to personal injury, an attorney would charge a basic contingency fee. The injury allows an injured person to hire a competent lawyer without having to pay the legal fees upfront.

In this particular contingency fee arrangement, the attorney’s fees will be obtained from the final settlement of your personal injury case. The fees may also be deducted from the trial’s final verdict. If the lawyer covered any expenses, that will be deducted as well. Typically, the lawyer’s contingency fee varies depending on the stage of the case.

What’s a Contingency Fee Percentage?

Normally, a personal injury attorney charges a contingency fee to represent you legally. Some state statutes limit the percentage a lawyer may take as a contingency fee. For the most part, contingency fees are between 33 and 40 percent, but there’s usually room to negotiate a possible reduction or an alternative agreement. Typically, personal lawyers will get 33,33 percent of the settlement.

Before You File a Lawsuit

Your personal injury lawyer should send a demand letter to the business or individual responsible for your injuries. In that later, the lawyer should explain various injuries suffered and demand compensation. When your case is strong, the wrongdoer usually makes a counteroffer followed by more negotiations. This takes place prior to filing a lawsuit. Odds are, the lawyer may not receive more than 33 percent of the settlement.

After You File a Lawsuit

The party responsible for your injuries may not take settlement negotiations with the seriousness they deserve. Some may even refuse to respond to your demand letter altogether. For a strong case, you should file a lawsuit. In most states, if the settlement takes place after you file a lawsuit, the lawyer may receive a larger percentage of your settlement-40 percent. Before you decide to decline a pre-suit settlement offer, think about the expenses involved in a personal injury lawsuit. As the case progresses, the settlement fee might increase.

Costs and Expenses

Most lawyers will cover the costs and expenses arising from the case and deduct it later on from the settlement. However, other lawyers may ask you to settle the costs and expenses as they arise. Where you should pay for each expense, chances are your case won’t proceed until you sort the payment.

The common costs and expenses in cases involving personal injury include police reports, investigators, medical records, expert witness fees, depositions, postage, and trial exhibits.

Put it in writing

Like the Florida Bar suggests, it’s important that you meet with your lawyer and discuss the fees along with the possible duration of the case during the first meeting. You should also put all the agreement in writing-the contingency fee contract.

Categories: Lawyers

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