When you’re injured in a car accident, bills can quickly accumulate. You may feel like the at-fault party’s insurance company is not giving you a fair shake, but how can you pay for a personal injury attorney right now?
This article discusses how payment works in personal injury cases.
Wonder If You Have a Case?
Set up a free case assessment when you call 303-688-0944.
How to Pay for a Personal Injury Attorney
Many people are concerned about how they will pay a personal injury attorney when they cannot afford to pay the medical bills associated with their injury.
Get Help Now & Pay Later
Most personal injury cases operate on a contingency fee basis. That means you do not owe the attorney any money up front to work on your case.
Instead, your lawyer works with you on your case, and then when your case is settled, a percentage of your settlement goes to the attorney for their work.
How Much Does the Attorney Get?
If the insurance company settles with you – meaning, you do not have to file a lawsuit – your attorney will probably take one-third of the final settlement. Thirty-three percent is the industry standard.
Now, if your case goes into litigation – meaning, your attorney must file a lawsuit – that fee goes up to 40 percent.
Why? Litigation carries more risk and it is a lot of work.
How Much Do You Keep?
Your settlement money will be used to pay:
- outstanding medical bills
- costs for your case, like medical & police records, expert witness fess
- attorneys fees
After those bills are paid, the balance goes to you.
Connect with a Personal Injury Attorney
If you have questions about that process, or you would like to set up a case assessment, call 303-688-0944. You may also schedule online.