Car Accident Lawyers: How Can You Pay for Legal Services?
If you were in a car accident and you know that it is the fault of the other driver, then you may need a car accident lawyer to help you with filing your claim. After a car accident, your money may be spread thin. After all, you may be paying for medical bills or property damage and other costs that come after a car accident. How can you pay for a lawyer too?
In many types of cases, hourly fees are common for lawyers. This is not the case when it comes to car accident cases. In fact, many will charge a contingency fee. With contingency fees, the firm will not receive payment until you receive your settlement. If you do not receive a settlement, then you do not owe the lawyer or the firm for services. If you’re not sure what contingency fees are, here is your rundown.
When it comes to a contingency fee, different lawyers receive different percentages. You have to discuss with your lawyer what he or she expects when you win a suit. Before the work begins, you can work out the payment so that there are no misunderstandings when your case is finished. For most lawyers, they will charge between 25 and 40 percent of the settlement. Now, the standard percentage is about 33 percent. So, however much you attain, the lawyer will take 33 percent of that.
Other Fees and Expenses
Now, there are other fees that you may be responsible for. Keep in mind that every law firm works differently. Some may require you to be responsible for upfront litigation expenses, whereas others may require you to pay those fees when they are due. If you are responsible for these costs, then the firm will ask for these expenses. Now, in some firms, they may not hold you responsible for these fees. Instead, fees and expenses are deducted from your settlement. The fees are added to the lawyer’s percentage.
When it comes to car accident lawyers, you do not have to worry about high costs. If you have a case against another driver, then odds are your lawyer will work for a percentage of the settlement. You do not have to worry about the upfront cost or hourly fees that some lawyers ask for. This is particularly helpful when you are already losing money due to the accident. If you were recently in a car accident, consult a car accident lawyer, like a car accident lawyer in Tampa, FL from Jeff Murphy Law, as soon as possible for help.