If I Don’t Need to Pay an Hourly Rate, How Do Personal Injury Lawyers Get Paid?

Whether you have ever needed the services of a personal injury lawyer or not, you have probably heard the term “contingent fee arrangement”. What exactly does the term “contingent fee arrangement” mean and when do lawyers get paid by a contingent fee arrangement? A contingent fee arrangement basically means that your lawyer will receive a percentage of the monetary settlement that you, the client, ultimately receive. Under a contingent fee arrangement, if you do not receive and money at the end of your case, then your personal injury lawyers does not receive anything either. State laws fix the maximum percentage that a lawyer may receive from a settlement; however a standard percentage is around one-third of the final settlement.

Contingency fee arrangements are most common in injury lawsuits and in fact are forbidden in other types of legal matters such as criminal cases and divorce proceedings. Why are contingency fee arrangements allowed in personal injury lawsuits? The idea behind allowing a personal injury lawyer to collect a contingency fee is that without an arrangement where the lawyer gets paid when the case is settled, many people would effectively not have access to the judicial system. Personal injury lawsuits can frequently be very costly after you factor in the administrative costs of the lawsuits, the personal injury lawyers time, his staff’s time, experts testimony fees and other miscellaneous costs. Many people could not afford to pay all of the fees up front even before being involved in an accident. After an auto accident many people are left with no vehicle, a pile of medical bills and less income from lost time at work. If they were required to pay their personal injury attorney up front, or as she worked the case, then most people would never be able to file a personal injury lawsuit and therefore would not receive the compensation they deserve. Another consequence of a system that did not allow injury attorneys to accept contingency fees would be that more people might be inclined to behave negligently if they knew that very few people would actually sue them and force them to be responsible for their negligence.

Another reason for allowing injury lawyers to collect contingency fees is that it encourages the lawyer to fight as hard as possible for his client. If their interests are both dependent on the end result, then the injury lawyer has as much invested in the outcome as the client. This makes for a win-win situation for both the client and the injury lawyer. Likewise, it cuts down on frivolous lawsuits or on negligence claims that have no merit. If a client presents a lawyer with a set of facts that the knows will not amount to a meritorious personal injury lawsuit, then he is more likely to decline to represent the client and thereby avoid a lawsuit that cannot be won. Clients, therefore, can be reasonably assured that if a lawyer decides to represent them that they will recover something in the end.

Finally, if for some reason, lawyer is not able to garner any compensation for the client, then the client owes the lawyer nothing. Again, this allows injured people that otherwise would not be able to risk filing a lawsuit the opportunity to do so without risking anything.

What You Should Look For in Personal Injury Lawyers

Many people have experienced an injury caused by someone being reckless or careless. When this happens, they are inclined to file a lawsuit. Before doing so, it is important to speak with a lawyer. Personal injury lawyers are there to help clients that have been severely injured due to the negligence of another individual or business.

Many different types of personal injury claims are filed each year. These claims include medical malpractice, workplace injuries, slip and falls, and car accidents. A growing number of personal injury claims are being filed against businesses who are supplying defective products that cause injury. The reason behind filing a personal injury claim is to seek financial compensation due to the injuries that have been received. This amount of compensation is based on the extent of the injury and lost wages or loss of work.

When searching for a lawyer, keep in mind that not all lawyers specialize in person injury litigation. It is important to find a lawyer who does. The lawyer should also specialize in a specific type of injury as well. It is guaranteed that the insurance companies will have a heap of lawyers who are experienced in personal injury law and know it well. That is why you need a lawyer who is equally knowledgeable and experienced.

You will need to find a lawyer who has a number of medical experts at their disposal who will strengthen your case. The lawyer will need to have knowledge to cases that are similar to yours as well. A lot of time will be spent preparing for a personal injury case. Lawyers should be able to relieve your stress by filing motions when needed, gathering witness statements, and handle discovery.

Each lawyer has a specialty when it comes to the different types of personal injury claims. For example, people who are suing a physician will require a lawyer who specializes in the complicated and extensive laws regarding medical malpractice. A person who files a claim against a company for a defective product would not need the same type of lawyer.

People who have suffered from brain injuries or any other injury that prevents them from going back to work or have an injury that now requires lifelong medical care, should always hire a lawyer who has experience in these types of cases and who has won. These lawyers need to have medical experts and witnesses available who can help them prove the case. If you hire just any lawyer who is not experienced with your specific injury, the result will be lots of wasted time and money.

Car accidents, slip and fall cases, construction accidents, and defective product litigation all have lawyers who specialize in those areas. When interviewing potential lawyers, ask questions like: How many cases similar to yours have they worked? What was the final decision in those cases? What areas of personal injury do they specialize in?

Fighting insurance companies during personal injury litigation is the job of personal injury lawyers, not civilians. Your lawyer is responsible for helping you through the ordeal. They will provide the legal expertise needed to win the lawsuit. You need a lawyer to assure that you receive a fair trial. In order to release you of the burden of fighting insurance companies and focus on healing from your injury, it is imperative to have a good lawyer.

About Personal Injury Lawyers

A personal injury lawyer in Toronto provides legal representation to those people claiming that they have been injured either psychologically or physically. Such injuries must have occurred through the wrongdoing or negligence of an individual, a company or a government agency. These lawyers have more knowledge and experience in law regarding civil wrongs, economic damages and social disrepute that may be caused by an accident to one’s property, reputation, rights or physique.

These Lawyers have added responsibilities which include ethical and professional responsibilities that demand, in addition to the legal duties of filing complaints in court, arguing the cases and drafting the legal documents, the lawyer offer legal advice to the injured person. Before taking a case however, the lawyers usually interview the prospective clients, evaluate the cases, and identify the issues that would build a stronger compensation case. 

Like other injury lawyers, the lawyers start by examining the situation leading to the injuries that his or her client has. Depending on the nature of the injuries, he or she is able to know what kind of claims to press and the amount of compensation to seek. Some of the cases that a personal injury lawyer has to examine include medical malpractice, car accidents, products that cause injuries, animal injuries, humiliation, injustice and psychological injuries. Through all these, the lawyer guides the injured person by explaining his or her rights under the law and examining the different legal options available. The personal injury lawyers also takes time studying the nature of the injuries, gathering enough evidence to warrant just compensation in a quest to ensure that the injustices committed against the injured persona are corrected. 

Unlike other injury lawyers, a personal injury lawyer deals with each client one at a time. This means that instead of sharing his attention and time between different clients, the personal lawyer dedicates his entire efforts on a single case until it is resolved. They also provide expert advice on personal injury, handle the various aspects of claims that arise in a personal injury case and explain the repercussions of personal-injury insurance. Through out this process, personal injury lawyers in Toronto strive to get just compensation for and behalf of their clients in order to ease some of the pain or suffering caused by the injuries.

Some of the cases that the lawyer in Toronto has top deal with are injury compensation claims arising from car accidents, workers compensation, public liability claims, occupier liability claims, medical negligence, hospital negligence, professional negligence and insurance contract claims.  In Toronto today, there are quite a huge number of lawyers. As such, the injured persons need not have difficulties contacting one when the need arises. However, seeing that personal injuries need quality representation, people should consider settling for a lawyer who have successfully represented other clients before.  As such, contacting one with enough referrals is necessary.