How much do lawyers charge for accident claims? If you must know, read this content till the end. After an accident, you need an accident attorney to represent your interest in court and outside.
As a driver that just got involved in a car accident or with the party that got into an accident, your core question must be “how much do lawyers charge for accident claims”. This query comes up when you want to take legal action or when the compensation amount from the other driver didn’t meet your interest. Although taking legal actions may cost you more than just settling within yourselves, you may earn more as a legal settlement from the court than from your co-driver.
Even if you have to receive compensation, you need an attorney to check how far the amount can meet your needs. In this case, the lawyer won’t need a high amount for services since he is just there to decide for you. Nevertheless, the amount a lawyer charges for car accident claims depends on the kind of lawyer that you are working with. There are two versions of lawyers that take cases of car accidents, find them out below.
How Much do Lawyers Charge for Accident Claims
According to the Federal Trade Commission, there are two types of payment available in the legal office or in car accidents. The model of lawyer you pick depends on your pocket
- There is a lawyer that will need retainer money. It is also called an upfront. A such lawyer must receive service upfront before taking part in your accident claim.
- On the other side is the contingency-based car lawyer. These don’t take an upfront or pay before service. They will gain 33% or 40% of what you gain from the court.
When it comes to Contingency-based lawyers, these lawyers and their firms operate only on the agreement to receive charges after you won your case. If your lawyer isn’t able to get your compensation from the court of law, the lawyer can go without billing you for services rendered.
It is now the most requested because when you look at it from every direction, it gives peace of mind and helps you to settle to face the long struggle ahead without bothering about finances for your attorney. Meanwhile, you may need money for other charges like:
- Eye witness report detailing the accident as it happened.
- Charges for filing fees on payment for a personal injury lawsuit.
- In case you want the scene of your accident to get a thorough investigation, you are likely to pay the investigator fees.
- For checking your medical records as necessary, you have to pay.
That is to say, filing a lawsuit or trying to get a settlement for a car accident from a Court of law, you ought to have enough funds to sort out other legal activities. The fund received as a settlement will determine how much to go home with after paying 40% of it to your contingency-based car accident attorney.
If you don’t want to share the percentage rate with your attorney, you can just go for other lawyers that will charge you before a service, pay them before the service, and go home with the settlement offer received from Court. Otherwise, discuss the settlement percentage rate for the lawyer before embarking on the legal journey.
Do I Need a Lawyer?
Generally, you need a lawyer for a such case because there are several laws regarding accidents and injuries that you don’t know about. These laws will help attract enough funds from the court or the supposed assailant once your lawyer represents you well inside and outside the court.
Even if you don’t want to take the case to court because you are already receiving a settlement from the other driver, you need your attorney present to discuss and agree on the eligibility of the amount being offered. In case the amount doesn’t meet your needs and expenses from the outcome of the accident after discussing it with your lawyer, take it to the court for a worthy settlement. Your lawyer will be able to represent you and prove your right to the terms by
- Providing physical evidence of the accident such as property damage, skid marks, broken mirrors if you are a driver, etc.
- Get video footage from the street camera of where the accident took place.
- Medical report.
- Police reports as it relates to the accident.
- Eye witness that was at the scene when it happened and can speak up to detail what happened.
Your legal representative knows the rest.
How to Determine the Compensation
You have to calculate the compensation very well to be certain about the exact amount to present to the court of law. How to calculate?
- While determining the amount to present as worthy compensation amount, calculate the cost of medical care for filing complaints to the court and the one for treatment.
- Pains endured because of the accident. Although it can’t be compared to any money, you will feel better when it’s added as a price to pay.
- Physical therapy is needed. In case you want to restore your previous body, physical therapy, it should be paid for.
- If necessary, add lost opportunity to earn from your workplace due to the accident or opportunity to get employment.
- If you need psychological therapy, add the cost as well.
Your lawyer will help you make other decisions. So, I believe we have satisfied your curiosity about how much do lawyers charge for accident claims. Simply share your learned ideas with your friends.
For questions, the comment box below is open.