Car accidents in today’s societies are, unfortunately, a common occurrence. Many victims of car accidents suffer from severe physical injuries, emotional distress, and financial losses. In such a scenario, hiring a car accident is the best decision to make because it increases your chances of recovering compensation. However, most people avoid this because of the attorney costs.
The good news is that car accident attorneys can work for you for free unless they recover compensation. You can recover a number of damages from a car accident claim, such as medical bills, lost wages, and pain and suffering. However, you won’t need to pay your attorney unless you have the amount in your hands. This is known as a contingency fee. To learn more, schedule a free initial consultation today.
What is the contingency fee, and who does it benefit?
A contingency fee system is where your attorney would not ask for a legal fee to begin work. In this payment plan, you only need to pay your attorney if they can bring home a compensation amount. They usually receive a certain percentage of the compensation they recover for you. However, it is important to understand the contingency fee system only benefits the plaintiffs and not the defendants since the plaintiff is the one filing for compensation against the defendant party.
The contingency fee agreement is a lifesaver for many because a lot of people do not have the money to pay the upfront costs of hiring an attorney. Thus, it provides peace of mind as your attorney’s fee is tied to the success of your case and the settlement amount.
How costs are handled in a car accident case
In a contingency fee agreement, you usually do not pay unless you win the claim. However, that is not always the case. There are various costs in a car accident claim besides attorney fees, which can add up quickly. Your attorney initially pays these costs, but you will be required to pay them eventually.
Some of the common ones include:
- filing fees
- photocopying fees
- court reporter fees for depositions
- expert witness fees
- medical records
- car accident police reports
Attorney fees should not hold you back.
The attorney fee should not hold you back from hiring an expert if you have been in a car accident. Knowledge, expertise, and experience are only some of the benefits of working with an attorney. Let your attorney handle the stressful tasks while you heal your injuries.
