Meeting with an experienced personal injury lawyer for the first time virtually never costs an injured person so much as a dime. That’s because personal injury lawyers offer free consultations to potential clients. Why do this? Simple. Personal injury lawyers want to make it easy for clients to find them.
It can come as a surprise to injured people struggling with physical, emotional, and financial pain to learn that they can hire a top-notch attorney…for nothing. Why would an attorney agree to work without up-front pay, and at the risk of not getting paid at all?
Victims of severe personal injury often find themselves in a bad way, financially. They need the most money they can get, fast. Some wonder whether they really need to share the money they deserve for their injuries with a lawyer at all.
Personal injury attorneys overwhelmingly represent clients on a contingency basis, which is one of three common types of payment arrangements between lawyers and clients. Let’s take a look at each type.
Although personal injury lawyers rarely work for an hourly fee, charging-by-the-hour is a common fee arrangement between clients and many other types of attorneys. In an hourly fee arrangement, the attorney charges an hourly rate for all work performed for a client. The attorney sends the client monthly bills for those services, and also often obtains a retainer payment from the client as an advance payment against future hourly work.
If You Fire Your Lawyer Before the Case Is Over. If you switch lawyers or decide to represent yourself, your original lawyer will have a lien for fees and expenses incurred on the case prior to the switch, and may be able to sue both you (the former client) as well as the personal injury defendant for failing to protect and honor ...
Many lawyers will draw up a fee agreement in which the contingency fee percentage varies depending on the stage at which the case is resolved. This is often called a "sliding scale.". For example, your lawyer might send a demand letter to the other side fairly early on. If you have a good case, the other side might make a counteroffer, ...
This ensures that your lawyer will get paid for his or her services. Many personal injury lawyers only take contingency cases and, therefore, risk not getting paid if they do not receive the settlement check. The lawyer will contact you when he or she receives ...
Most personal injury lawyers will cover case costs and expenses as they come up , and then deduct them from your share of the settlement or court award. It's rare for a personal injury lawyer to charge a client for costs and expenses as they become due.
Technically, you do not have to pay a personal injury lawyer who works on a contingency fee basis.#N#Many New York personal injury attorneys will help you win your case without ever paying out of your own pocket.
Most lawyers base their contingency fee structure on a percentage. For example, your lawyer may charge 30 percent for a case that settles out of court and slightly more if your case goes to trial.
Attorneys can only take their fee percentage from the net amount of the settlement after deducting any allowable expenses.#N#Some of the most common expenses that your lawyer may charge you include: