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.

A Personal Injury Lawyer In LI Can Get The Entitled Compensation

Injury is a kind of mishap that can happen to anybody at any point of time irrespective of age, caste, social status and financial condition. To deal with injuries of any kind can be a painful experience for the person who is injured and for the family of the victim as well. Personal injury lawyer LI is a qualified professional who deals with the matter of injury and helps the individual in getting his legal rights. Any injury whether it is a physical or mental that has been caused to an individual due to negligence of another person is legally entitled to get compensation. A personal injury lawyer is meant to help a victim in case he is injured. He is very familiar with the legal matters and can help the injured to get the compensation amount for which he is entitled.

The personal injury lawyer must be certified to carry out the legal procedure for the injured person. The lawyer should have the certification degree for handling these kind of legal injury case.Those who are staying in Long Island will definitely be able to find a lot of lawyers who are efficient enough to handle the legal cases. He helps the injured person to recover the money from the opponent party who is extremely responsible for the injury. The personal injury lawyer will be helping you in this regard by advising the victim different ways and methods that can help him in getting the claim. After all, injury has happened to the victim and he has suffered loss in a particular accident and certainly has right for claiming the compensation for the injury. In every part of United States, there are many more efficient lawyers who help the injured person to get the compensation.

Well, in certain of parts of United States, the victim may happen to find some lawyers who provide free consultation while there are many others who charge fee for providing consultation. So before hiring a lawyer one should look for the fact that they charge some fee as a consultation or not. It also happens that if an injured person is looking for a highly qualified lawyer who can really help him to get the compensation amount and can also charge a very high fee and it may prove bit difficult for the victim to hire such an expensive lawyer. It is the experience and the talent of the lawyer that makes him so costly but the chances of winning the case is maximum in such case. The lawyer will help the victim in filing the case in the court of law and then the legal procedure will be undertaken by him. A legal notice will be sent to the person who is responsible for the injury.

The person who is responsible for the injury has to appear in the court in front of judge. One of the most important advantage of a personal injury lawyer over a general lawyer is that the general lawyer will not consider the case after the office hours but a personal injury is always available for the victim to hear his case at any point of time and thus to help him out from the case. One can find the injury lawyer at any time he wishes to take his help. The victim can also find the highly qualified lawyer from the yellow pages or periodicals or magazines. The victim can also browse the world wide web and can access the service of a renowned and skilled lawyer.Thus, the victim can get the assistance of a lawyer to whom so ever he desires and the lawyer will help him to get the compensation for which the victim is legally entitled.

Personal Injury Lawyers

Need an Accident and Injury Lawyer?

If you have been in an accident or suffered an injury, you may need to find am Accident Lawyer. Accident Lawyers – also referred to as Personal Injury Lawyers – handle matters such as:

* Defective Products

* Medical Malpractice

* Motor Vehicle Accident

* Occupier’s Liability

* Personal Injury

* Slip and Fall

* Workplace Accident

* Wrongful Death

Consulting with a Personal Injury Lawyer
When you meet or talk with Accident Lawyers, make sure you provide information such as:

(1) when the injury took place or when you found out about it,
(2) what your damages were/are/will be, and
(3) a good description of what happened.

When Accident and Personal Injury Lawyers review your information, they’ll want to know these things as a starting point. These Lawyers have researched accident and injury cases and legislation and will know if there is a time limitation on your ability to bring a claim as well as your probability of success in both negotiating or litigating a resolution.

Contingency Fee
Frequently, Accident Attorneys take on cases that have merit on a contingency fee basis, which means that they won’t get paid until you get paid. Percentages typically range from 20 to upwards of 40% of what you collect from third parties. This compensation method facilitates access to justice because lawyers are often too expensive on an hourly basis to pursue your claim. Bear in mind, however, that this compensation method provides an incentive for lawyers to try to settle a case pre-maturely. This should be avoided where the case has merit and you (i.e. the client) do not want to settle for less than a certain amount.

Select the Right Accident and Injury Lawyer
Go with a lawyer who is accessible, responsive, and has a proven track record of getting clients what they want. Personal Injury Lawyers can demonstrate their knowledge, skills, and experience in a given area of law by showing you cases they have been involved in (and hopefully won), articles they have published, and perhaps even giving you client referrals. You should not feel obliged to go with a particular lawyer. Trust your instinct. Do your due diligence. Just make sure that you are comfortable communicating with the Personal Injury Lawyer and providing them with instructions on how to proceed. Remember: although Personal Injury Lawyers give you advice and recommendations based on their experience, you are always going to be in the driver’s seat.