What Are Contingency Fees in Personal Injury Claims?
Whenever a person is injured due to another person’s negligence, they may have grounds for a personal injury claim. Injury cases arise from many different situations including car accidents, slip and falls, bicycle or boating accidents, medical errors, and even dog bites. Filing a lawsuit against the negligent party is one way victims can begin to recover from the accident. The compensation received is often used to pay for the financial and emotional losses suffered as a result of the accident.
Personal injury cases are complex, which is why it is best to enlist the services of an experienced attorney when filing an injury claim. Many victims are reluctant to do so because they worry about affording legal services. Fortunately, contingency fee arrangements make it possible for accident injury victims to obtain legal counsel without any upfront costs.
How Contingency Fee Arrangements Work
In a contingency fee arrangement, the attorney does not receive payment for their services unless you are awarded compensation for your losses. In other words, the attorney does not get paid unless you win your case.
Under these arrangements, the attorney will receive a previously agreed-upon percentage of the compensation you are awarded. Contingency arrangements are extremely helpful for accident victims who are often already struggling to afford medical bills, forced to miss work, or left with property damage that must be repaired or replaced because they don’t require victims to pay for legal services up front.
Contingency arrangements differ from firm to firm and even from case to case which is why you should always receive your agreement in writing and signed by both parties. Request transparency in when and how much the attorney will be paid so you fully understand how the arrangement works because there will be court costs incurred before a judgment is awarded. A written agreement should clearly spell out who will be responsible for paying those expenses and if they are to be paid as they are incurred or after the case is settled.
Discuss Your Case With a Personal Injury Attorney During a Free Case Consultation
Eisenberg Law Offices offers contingency fee arrangements for personal injury cases throughout Wisconsin. Contact us to begin the process with a free case consultation by calling 608-256-8356 or emailing info@eisenberglaw.org.