When hiring a lawyer, there are typically two fee options: one is to pay up-front and before services are rendered, and the other is to pay on a contingency basis. Basically, contingency fees involve only paying the lawyer after your case is handled. However, you don’t pay a set amount. Instead, you pay a percentage of whatever settlement or other pay that you get in your personal injury case. If you do not win your case, then you don’t have to pay your lawyer anything.
Although there are advantages to both types of payments, you may find contingent attorney fees to be your best choice. These are a few of the perks of contingent attorney fees.
First of all, you should consider the fact that a lawyer will work harder for you if he or she is working on a contingency basis. When you pay up-front, the lawyer already has the money before he or she ever does any work for you. This means that he or she does not have much of an incentive to try to help you win your case.
If your lawyer knows that he or she will not get paid if you don’t win your case, however, he or she is probably more likely to work hard on it. Your lawyer will also know that the more money that he or she gets for you in your settlement or court case, the more money that he or she will receive. This will give you peace of mind that your lawyer is doing everything that he or she can for you and your case.
If you are currently injured, there’s a good chance that you are not able to work. Plus, you might also have to pay a lot of medical-related costs until your settlement comes through. This means that the last thing that you might be able to do right now is spend extra money on hiring a lawyer. With contingent lawyer fees, however, you don’t have to worry about all of this stress. During this tough time, you won’t have to worry about paying out money that you truly can’t afford.
One thing that might be preventing you from talking to a personal injury lawyer is the fact that you don’t want to lose any money in the event that the case does not work out. You might be worried that nothing will come from your case and that you will be out of some of your hard-earned money. This would be devastating at any time but can be much worse when you are dealing with the aftermath of an injury.
Luckily, this isn’t something that you have to worry about when you hire a lawyer who works on a contingency basis. Instead, you really don’t have anything to lose. You will have to pay the lawyer if your case wins; if not, however, you don’t have to worry about paying a dime. This means that the only thing that you really have to lose is a little bit of time.
As you can see, there are a lot of advantages of contingent lawyer fees instead of up-front lawyer payments. If you are looking for a lawyer for your case, this is probably your best option.
