If you’ve been involved in an accident and can prove it was caused by someone else, hiring a personal injury attorney is the first step on your way to securing the compensation you deserve. But before you move forward with your personal injury claim, it’s worth considering how personal injury lawyers get paid.
The good news is that many personal injury lawyers work on a contingency fee basis, meaning you don’t have to pay anything unless they win your case or negotiate a settlement. Keep reading to learn more about contingency fees and what you should expect when hiring a personal injury lawyer.
When hiring a personal injury attorney, one of the first questions that comes to mind is how they get paid. As mentioned earlier, many personal injury lawyers are paid contingently. But what exactly does this mean?
A contingency fee agreement means that your lawyer only gets paid if they win your case. In other words, you don’t pay any fees upfront. Instead, the attorney receives a percentage of your compensation through a court verdict or a settlement.
Most personal injury lawyers work on contingency, but some don’t. Some may require a retainer or even charge hourly rates. Here at Ramos James Law, we work on contingency for all cases. Make sure to clarify the payment structure with any lawyer you’re considering hiring.
Contingency fee agreements offer several benefits and make it easier to get legal help. Some of these benefits include:
While a contingency fee arrangement can offer many advantages to personal injury victims, it’s worth noting that there may still be other expenses you will need to pay throughout your case. You won’t have to pay for your lawyer until your settlement, but you may have to pay court filing fees to carry out your lawsuit. Court fees can range from tens of dollars to hundreds of dollars, depending on the legal action in question.
How much you pay for legal representation will depend on what lawyer you hire and the difficulty of your case. However, in general, you can expect to pay a contingency fee percentage of between 30% to 40% of your compensation to your lawyer. To have a better idea of a personal injury lawyer’s cost or what to expect, you can speak directly with your lawyer.
Before you file a lawsuit, you’ll need to find out if you’re eligible for compensation and whether your case is strong enough to pursue. You should consider hiring a personal injury attorney if:
Finding a good personal injury lawyer you can afford is easier than you might think, especially since many attorneys offer flexible payment options. To find a lawyer you can afford, you will need to consider multiple options and use consultations to ask about each lawyer’s fee structure. You will need to find one with a fee structure that works for your financial situation.
At Ramos James Law, our experienced lawyers work on contingency to make legal representation and justice accessible for all Texans. Schedule a free consultation with us today to get started.
When it comes to compensation for personal injury cases, the total settlement you receive depends on the details of your case. Typically, your personal injury lawyer fees are tied to the total settlement amount, which is usually influenced by the seriousness of your injuries, how they affect your life, and who is to blame.
Compensation for a personal injury lawsuit is generally split between economic or monetary losses and non-economic or non-financial losses:
Economic Damages
Non-Economic Damages
If you’re looking to get compensation for your personal injury, you don’t have to do it alone. By reaching out to a personal injury law firm like Ramos James Law, you can get help seeking compensation for your personal injury case. Hiring a personal injury lawyer in Austin can help in the following ways:
We understand the financial burden you may be suffering during this difficult time. That’s why we do not charge unless we win your case. Ramos James Law goes to great lengths to help you secure the compensation you deserve.
(512) 537-3369 Free Consultation2800 S I-35 Frontage Rd, Suite 265 Austin, TX, 78704
(512) 537-3369
info@ramosjames.com