After a car accident, many victims are in poor financial condition. Being out of work because of the careless driver who hit you can decimate your budget. You may also have no vehicle to drive to work even if you were able. To top it off, you may be the recipient of medical treatment bills that should have been paid by the other driver's insurance. Read on for what to do.
You Need Help
You may know that you need a personal injury lawyer's help but don't how to get it. Lawyers have an unfortunate and false reputation of being expensive and that myth keeps some victims from being paid the money they deserve. What those unfortunate victims don't realize is that they can afford the help of a personal injury lawyer if they use a contingency fee arrangement.
Contingency Fee Arrangements
A contingency fee arrangement means that what you pay your lawyer is contingent on the outcome of your case. It may be difficult to believe, but you won't owe your personal injury lawyer any money at all unless your win your case. That is the key to contingency fee plans. Look at some other contingency fee considerations so you can make an informed decision:
- Victims who have good cases are offered contingency fee arrangements. A good case is one in which you are not at fault, the other driver has insurance coverage, and you have a lot of medical bills because of the accident.
- Your lawyer won't take cases that are not likely to result in monetary damages. That would have them working on your case without the expectation of being paid.
- The other ways of paying your lawyer, besides a contingency fee plan, is by a flat fee or by the hour. Contingency fee plans contain stipulations that you will owe your lawyer a certain percentage of a winning settlement. Every lawyer is different, but percentages can vary from about 33.3% up to about 50% if the case does not settle and it goes to court.
- Contingency fee plans are ideal for those having trouble coping with their financial situations after a wreck. However, almost all personal injury lawyers use contingency fee plans when taking on cases.
- Lawyers who know their fee is based on a percentage of a winning settlement are sure to go the extra mile to win a great settlement for you.
Ask a personal injury lawyer to explain what a contingency fee arrangement means for your case.