Involvement in a car accident comes with a host of problems. If you are convinced that other driver’s fault has caused the accident, you should look for an experienced car accident lawyer. His service comes at a cost and you are definitely curious to know how much it is.
Opposed to a lump sum fee usually charged by many firms, most car accident lawyers demand a “contingency fee” for their service. It means that the attorney will not accept any fee from you unless compensation claim is recovered. The Spokane car accident attorneys will receive a pre-agreed percentage of money from any car insurer in case of settlement or jury verdict (if your case goes to the trial).
In this write-up, we will give you an idea about how contingency feel functions and what to expect if you choose to hire a car accident lawyer to deal with your case.
Contingency percentage usually varies from 25 to 40, with 33precent being considered a good standard. The percentage of contingency fee depends on if the injured will file a lawsuit against the at-fault driver. If the case settles before going to a trial, the percentage is likely to be low.
If settlement is complete after the lawsuit is lodged and the at-fault driver has formally replied to the plaintiff’s complaint or if the case goes to trial and the jury reach a verdict, the lawyer’s share will go up to 40 present.
Discussing about contingency fee with your attorney and careful review of your contract for his/her service always make sense. If you are yet to understand the fee structure as mentioned in the contract, don’t hesitate to ask your lawyer for an explanation.
The fee, like other elements in the contract, is negotiable. If your case is of ‘cut and dry’ type, implying that your damages and fault for the mishap are pretty clear, the defendant owns several car insurances and you have enough evidences in support of your claims, you are likely to succeed in negotiating a lower contingency percentage. In such cases, you won’t have to pay a third of your compensation money just because you hired a lawyer for your representation.
Fees & Expenses
Whether you have to pay upfront court fees and bear other litigation expenses largely depend on the car accident attorney as well as what is written in your contract for his/her legal services.
Many car accident compensation claims require the plaintiff to pay a host of fees. If according to your contract, you are responsible for these expenses, you are likely to be summoned by a personal injury law firm to clear the payment as these are due. Failing to pay these fees is likely to prevent your case from proceeding until payment is made.
The law firm, which your lawyer works at, will pay for all fees and expenses but these will be deducted from what you will receive as compensation. Some law firms may increase their stake by demanding money up front. Make sure not to agree to such plans. If your decision breaks the deal, look for another lawyer.