It costs nothing out of pocket to hire one of our lawyers for your personal injury or wrongful death case. Instead of paying a retainer and being charged an hourly rate owed each month, the law allows us to handle these type of cases on a contingency fee basis.
Lets discuss the basics.
We do not charge any retainer up front and instead our attorneys are paid a contingency fee at the end of the case upon receipt of a verdict or settlement in your case. The contingency fee is a percentage of whatever is recovered on your behalf from the case.law and justice concept, antique golden scale in front of a row
For most personal injury and wrongful death matters, our injury lawyers charge a contingency fee of one-third (33 1/3%) of your total settlement if a settlement is reached before suit is filed. If suit is filed in your case, our contingency fee increases to forty percent (40%) of whatever is recovered after suit is filed whether that be an eventual settlement or a verdict at trial. The cause for the large contingency fee after suit is filed is due to the increased amount of work necessitated by your case being in litigation.
NO. Keep in mind it is a very rare thing for one of the cases we take on to generate no settlement or amount at trial. However, if this were to happen, you do not owe us a contingency fee. We took on the risk of potentially getting nothing just like you did in pursuing your case on your behalf. After you are injured or lost a loved one.
Keep in mind that while you never owe us a fee if you lose your case, you may owe the firm for any expenses of litigation paid on your behalf during the case. Lets talk about that component now.
In keeping with the idea that you do not owe us anything at the beginning of and during your case, we pay up front all expenses necessary to prosecute your case to the end. You do not have to reimburse us for these expenses until the end of your case.
During the pre-suit stage of your case, expenses are pretty low. They typically include the cost to the firm in obtaining your medical records from each of your doctors to the cost for certified mail. Typically, pre-suit expenses total around a few hundred dollars.
As I am sure comes as no surprise, the moment suit is filed these expenses go up quickly. It costs several hundred dollars just to file a complaint in most counties. Then there are the expenses associated with taking depositions of various parties and witnesses. Finally there is the cost of preparing the case for and conducting the trial of the case in front of a jury.
There is a possibility that expenses covered for you during the pursuit of your case will still be owed even if you lose the case in court. Again, it is very rare for a case we handle to generate no recovery but because of the nature of litigation, it is always a possibility. Each case is different so you and your lawyer will have to discuss whether expenses are owed by you at the end of your particular case after a loss in court.
Remember this fee and expense structure has been created to help you. The last thing you want to worry about after an injury is how you are going to afford to pursue your case. Because the law allows us to handle these cases pursuit to the above method, we can ensure that you are able to seek the just compensation you deserve.