How much does it cost to hire a car accident lawyer?
Most car accident lawsuits will not require an out-of-pocket flat fee payment towards legal services because most lawyers do not get paid unless they win your settlement. This is because they charge a “contingency fee” for their services, which means that they won’t get paid unless you get your settlement.
How does the lawyer contingency fee work?
The contingency fee is basically a percentage that your lawyer will be receiving for their services after helping you win your case. Usually, the fee ranges from 25-40%, but the standard is about 33%. However, it may vary depending on whether the personal injury lawsuit has to be filed against the other driver. If your case is settled before it gets to court, then you may have a chance of a lower percentage.
If the settlement occurs after your lawsuit is filed and the other driver has served a formal answer to your suit, or if the case proceeds to trial with a jury, then the percentage can reach up to 40%.
It’s always a good idea to speak to your lawyer about their contingency fee and if it’s negotiable. We are open to negotiating our contingency fees especially when you feel there’s a small anticipated net settlement.
Will I be charged for a consultation fee?
If your lawyer is charging a contingency fee then chances are, they won’t charge a consultation fee. Prepare all your possible questions about your case during the consultation fee to see if the lawyer is suited for your needs and ask what their contingency fee is like.