In many cases, personal injury claims involving a serious slip and fall are brought with a contingency fee rather than an initial cost. Instead of paying a fixed amount, your lawyer's fees are deducted from any settlement you receive for your damages. For most civil legal matters, such as divorce cases, attorneys will require the litigant to pay an advance on which to collect legal fees as the work is completed. These retainers can cost as little as a couple of thousand and, from there, increase.
In legal language, costs don't mean the fees paid to your accident lawyer. Instead, costs refer to expenses paid by the attorney's office to investigate your accident or injury claim, conduct negotiations to reach a settlement, and file a personal injury lawsuit. Because attorneys can't double fees, you won't have to pay any fees from your compensation when the WCJ orders the insurance company to pay the fees. While contingency fee agreements will prevent you from paying attorney fees up front, you may have to pay other expenses out of pocket.
In addition to legal fees, there are also costs associated with a personal injury lawsuit. The accident and injury attorneys at Kryder Law Group, LLC focus on representing victims with serious injuries. Disagreements over costs are one of the most common sources of friction between personal injury attorneys and their clients. However, in personal injury cases, due to the nature of the beast and the money involved, most personal injury attorneys operate on a contingent fee basis.
You will also be responsible for paying your medical expenses if you don't win your personal injury lawsuit. Your personal injury lawyer will be sent the check and will ensure that the payments are distributed as they should. However, some personal injury attorneys will pay the costs directly or cover them for reimbursement once the case is resolved. Your personal injury lawyer will be able to help you determine if that is a possibility for your specific situation.
The accident and injury attorneys at Kryder Law Group, LLC, provide legal advice and legal representation in Chicago, IL and throughout the state of Illinois. If you are paying a personal injury lawyer a contingent fee, the fee agreement must clearly state whether the costs will be deducted from the final amount of your compensation before or after the lawyer calculates the percentage of the fees. To receive compensation for your medical bills, property damage, and pain and suffering, you must speak to a personal injury lawyer in your area today. However, what does that mean? Normally, when you hire an attorney to help you with a personal injury matter, you enter into an agreement in which you commit to giving the lawyer a percentage of the total compensation you receive.
Personal injury attorneys work on a contingency basis, which means your lawyer doesn't get paid for their work until you win your claim. The settlement must also include the costs, expenses of conducting the negotiations and, if necessary, a personal injury lawsuit. In personal injury cases, an attorney's fees are typically 33 to 40% of the amount the lawyer receives for the client.