If you’ve suffered an injury in an accident, you may be considering hiring a personal injury attorney to help you recover damages. However, many people are concerned about the cost of hiring a lawyer and wonder if they can afford it. This is where contingency fees come into play. In this article, you’ll learn what a contingency fee is and how it can benefit you.
The attorneys with The Eberst Law Firm can provide you with expert legal representation without you having to pay a single dollar. You can schedule a free case evaluation by contacting us online or calling 1-888-CALL-JON.
I Can’t Afford to Hire a Personal Injury Attorney
If you’re struggling to make ends meet after an accident, it may seem like hiring an attorney is out of reach. However, with a contingency fee agreement, you can hire a lawyer without any upfront costs. Instead, your attorney will take a percentage of your settlement or jury award as their fee.
Why are Contingency Fees Used?
When a lawyer agrees to take your case on a contingency fee basis, they’re essentially taking on the financial risk of your case. They won’t receive any payment unless they can secure a settlement or jury award on your behalf. Your attorney has a strong incentive to work hard and do everything possible to maximize the value of your case.
How Much of My Settlement Will Be Used to Pay for Legal Services?
If your attorney is successful, they’ll receive a percentage of the settlement or award. Typically, this percentage ranges from 33% to 40%. While this may seem like a lot, it’s important to remember that your attorney is taking on a significant financial risk by taking your case on a contingency fee basis. In addition, the percentage you pay will be agreed upon upfront, so you will know exactly how much your attorney will receive if they win.
It’s essential you know that if your case doesn’t result in a settlement or award, you won’t owe your attorney any fees. This means you won’t be responsible for paying for any legal services out of pocket.
Is Hiring an Attorney Worth it?
Hiring an attorney can be well worth the cost. A personal injury attorney can help you navigate the complex legal process and work to maximize the value of your case. In addition, they can handle negotiations with insurance companies on your behalf and advocate for your best interests.
Without an attorney, you may not know your rights. The insurance companies or other parties in your case may take advantage of you. In addition, you may not be aware of the total value of your case and may settle for less than you deserve.
How Much Money Will I Receive After Paying for a Lawyer?
The amount of money you will receive after paying for a lawyer depends on the specifics of your case. However, a personal injury attorney can help you recover damages for medical expenses, lost wages, pain and suffering, and other expenses related to your accident.
While hiring an attorney may reduce the amount of your settlement or award, the benefit of having an experienced legal professional on your side can more than makeup for the cost. In addition, a successful outcome can provide you with the financial resources you need to move forward after an accident.
Contact Eberst Law to Learn More or to Schedule a Free Case Evaluation
Speak with an experienced personal injury attorney as soon as you can. At The Eberst Law Firm, we offer free case evaluations and work on a contingency fee basis, so you can get the legal representation you need without paying a dime upfront. Our attorneys have years of experience helping clients recover damages after accidents and will work tirelessly to help you get the compensation you deserve.
During your free case evaluation, we’ll review the specifics of your case and help you understand your legal options. We’ll also discuss our fee structure and answer any questions you may have about the process. If you choose to hire us, we’ll work hard to help you obtain maximum compensation and keep you informed every step of the way.