How Much Does It Cost To Hire a Personal Injury Attorney?

Thomas Ericsson

Most personal injury attorneys, including Oronoz & Ericsson Injury Lawyers, work on a contingency fee basis. That means you don’t pay anything unless you win money from the at-fault party.

If you were injured in an accident, you shouldn’t have to worry about how you’ll pay for legal fees. Contact our team of personal injury lawyers to find out more about our process. Call us today at (702) 878-2889 or use our online contact form.

What Is a Contingency Fee?

Personal injury attorneys typically don’t charge you for legal fees upfront. They usually take part of your settlement or verdict in a “contingent fee.” Their cost is contingent upon your getting compensation. If you don’t get money, then neither do they.

How Much Will I Have To Pay a Personal Injury Lawyer?

If you do get a settlement or win a verdict, then you will have to pay legal fees, court costs, and other expenses to your attorney. The attorney usually charges you a predetermined percentage of your winnings. You will know how much your attorney is going to take before they even begin your case. You will have an opportunity to sign a contract agreeing to a specific percentage that your attorney will get.

Most personal injury attorneys take between 33% and 40% of what you receive. That means that if you get a settlement for $100,000, then the attorney will earn between $33,000 and $40,000 for legal fees. Depending on your agreement, they may also take court costs, expert witness fees, and other expenses separately.

What Types of Expenses Will I Have To Pay My Attorney For?

Your attorney will have many expenses that you may have to reimburse them for. Some common costs in a lawsuit include:

Some attorneys charge one flat rate percentage to cover all of these costs, and others bill for the costs separately. You should ask your attorney exactly how they will seek reimbursement for their expenses from your settlement or verdict.

Why Should I Use an Attorney in a Personal Injury Case?

Although it can seem like you’re giving up a significant percentage of your recovery when you work with an attorney, the truth is that you will get so much more compensation that it will be worth it. Studies across the board indicate that victims who have an attorney on their side get significantly more in settlements.

The average compensation a personal injury victim receives without a lawyer is $17,600; however, with an attorney, that number increases to $77,600. Thus, even paying an attorney 33% of your settlement, you would get $51,733, which is significantly more than you are likely to get without an attorney.

Learn More About Attorney Fees With Oronoz & Ericsson Injury Lawyers

The personal injury process can be complex and daunting to take on alone. Our team of experienced personal injury lawyers will work hard to get you more money compared to you doing this case without an attorney. Don’t risk allowing an insurance company to take advantage of you with a lowball settlement. Call us today at (702) 878-2889 or use our online contact forms.

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