The Types Of Fees A Personal Injury Lawyer May Charge

It is a good idea to obtain legal advice as early as possible. If you have suffered in an accident, it is your legal right to obtain compensation specifically when negligence is involved. Most personal injury attorneys charge clients in a fairly different way. The typical auto accident lawyers in NYC will charge a contingency fee to take an injury case.

A few of auto accident lawyers who specialize in personal injury cases charge clients in one of four ways:

Contingency Fee

If a lawyer charges clients a contingency fee, the client will only have to pay pure contingency fee that is no payment unless the client wins the case. The personal injury lawyer takes charge of the expenses until the case settles or the case goes to trial and there is final result. If the client loses at trial, the injured person will not be compelled to pay any legal fees.

Contingency Fee with a Retainer

Some lawyers require a fee in the beginning of the case called a retainer. If the client gets compensation from the case, the retainer will be subtracted from the percentage that the lawyer would take at the end of the representation. The advantage of contingency fee with retainer is that in ensures that the attorney will be available at all times to represent the client.

Hourly Fee

Less common than the above two fees, a lawyer may agree to take a case for an hourly fee. Therefore, the client must pay the attorney for every hour they work, despite of the case is settled, or won.

Flat Fee

Most automobile accidents do not involve flat fee payment because of the uncertainty amount of work involved and the results. If the case is relatively simple, the lawyer may agree to a flat fee.

It is important to understand the fee structure of the particular lawyer you would hire and without a lawyer on your side you would not be able to get the compensation.