Cost of an Accident Lawyer

Choosing to hire an attorney for your car accident case brings up the question of cost. Is it worth the cost of a lawyer, or is it better to handle the case yourself?

How a Contingency Fee Works

Most accident lawyers work on a contingency fee basis. This means that they don't charge their client until they win a settlement or verdict for their case. At that point, they usually collect somewhere between thirty and fourty percent of the award amount.

These attorneys work this way for one main reason. Injured persons, or accident victims are already going through the problems involved after an accident, and hitting them with another bill at this time would not be appropriate. By working on a contingency fee, potential client can feel confident about hiring professional, legal representation without having to worry about how they are going to afford it.

Benefits of Hiring an Accident Attorney

Having someone with experience in auto and other types of accident cases is crucial when it come to collecting a fair award amount for the damages incurred. Usually, in these types of cases, plaintiffs will be negotiating with an insurance company. Whether it's the victims insurance company or a third party's insurance provider, they are going to have a team of injury defense attorneys working to help minimize their financial liability. It's an unfortunate fact of life, that even your own insurance company doesn't have your best interests in mind. Just like any other business, their main purpose is to generate profits, which means minimizing cost.

It's important to have a Lawyer on the plaintiffs side as well, to ensure the insurance company is held to compensate the accident victim to the full extent of their liability. This means paying for all damages, medical bills, car damage, pain and suffering, lost income (past and future), loss of enjoyment of life, and what ever else is allowed per tort law. Only a qualified car accident lawyer can know all the angles and ensure the maximum award amount is paid out.