Published On: Tue, Nov 20th, 2018

When You Run out of Luck on the Road and an Accident Is Imminent: How Much Can You Expect to Pay for Legal Assistance?

Getting into a car accident is a painful, stressful, and frustrating experience. Many people have to deal with recovery from injuries and being without a working vehicle for an extended period of time.

Aside from the mental and physical pain, car accidents can take a toll on your wallet. Unfortunately, no matter who’s at fault, the legal system has to get involved to make sure everyone has been compensated appropriately. When this occurs, it is wise to look for attorneys who handle car accident cases.

As you begin your search, it’s best to get your financial ducks in a row so you understand your financial responsibility. Some of the most common questions are:

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How much will a car accident lawyer cost?

What are the contingencies and fees?

Will I have to pay for consultations?

 

Since the parameters are different for each attorney, let’s consider the process behind the financial side so you’ll know what to expect.

 


Attorney’s Contingency Fees

When you file an accident claim with your insurance, it’s with the hope you’ll be compensated for your accident. One of the primary reasons individuals hire an attorney for accident cases is because getting the compensation they deserve alone is challenging.

 

Therefore, lawyers work as a liaison between you and your adjuster to make sure you receive the appropriate settlement. Since they’re doing a lot of the heavy correspondence and paperwork, they need a way to get paid. That’s where contingency fees come in.

 

How Much Will My Attorney Take?

Each state has its own specific laws and regulations regarding how much an attorney can take from a settlement. However, the most common percentage is 33%. It is always safe to subtract about a third of your settlement when contemplating your payout.

 

There are instances where the contingency fees may be less than 33%. For example, if the defendant is taking a while to respond to suit or communicate with the court, this may work in your favor. In addition, if the case settles prior to going to court, your contingency fees are usually lowered as the amount of work is decreased.

 

Are There Any Upfront Fees?

Once again, this varies and greatly depends on the attorney you’re working with. Some smaller firms will have you pay out-of-pocket expenses for court filing, paperwork, and subpoenas. However, larger, more established firms will typically cover these for you. It is always wise to speak with your attorney during your initial consultation to find out if they require initial fees and expenses to be paid out-of-pocket.

 

Will My Attorney Require a Retainer?

Typically, a retainer is used only for family or criminal cases. This is done to make sure you’re committed to using this attorney to handle your case. When it comes to accidental law, some may ask that you put down a specific amount. Then, they may reimburse you once you receive your settlement.

 

It’s always wise to schedule your appointment with an attorney you trust. During your consultation, ask them as many questions as possible so you know the in’s and out’s of what they expect from you. Take control of your accident so you can get the compensation you deserve.

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