How a Contingency Fee Arrangement Helps a Car Accident Victim

If you got hurt in a car accident, then there’s a high chance you’re thinking about how to ensure you get fair compensation for your personal injury claim. You might already know how beneficial having a top-notch car accident law firm by your side can be. However, even if you already have an idea of how this kind of law firm can handle your issue in the best way possible, you probably have questions about what it’s like to get the help of a car accident lawyer.

One of the main questions that may be running through your mind is how your lawyer will get paid for all the work they have done. You might have heard that there are certain attorneys who can work on something known as a contingency fee. This article will highlight some of the most important things regarding contingency fee arrangements.

How to Enter Contingency Fee Arrangements

According to the ABA (American Bar Association) rules for professional conduct, a contingency fee arrangement must be in writing and must have the client’s signature. The contingency fee agreement, or contract, must show how the fee of the attorney will be calculated, including their percentage of the final verdict or settlement, as well as whether expenses will be deducted after or before the lawyer’s fee has been determined.

This means that the expenses you’ll be held liable for when the case concludes will be clearly highlighted in the contract you sign, and you’ll know exactly what percentage of your final award will go toward settling the lawyer’s tab. In simpler terms, you shouldn’t have any surprises when it comes time to settle your legal bill.

The Benefits of Contingency Fees

There are several reasons why traffic accident victims should consider using contingency fee agreements when hiring an attorney. Some of the benefits that come with using this kind of arrangement include:

• Avoiding lawyer fees during the legal process as well as at the beginning
• You can get legal representation and advice regardless of your current financial situation or income
• You won’t have to pay a lawyer’s fee if your attorney doesn’t win the case
• Your lawyer is motivated to have the case decided in your favor; otherwise, they don’t get paid.

All in all, contingency fee arrangements help traffic collision survivors get compensation for their damages. There are still too many scenarios where folks don’t hire an attorney and end up receiving less than what they rightfully deserve. If you’ve got a valid injury claim, you want to put yourself in the best position possible to receive the maximum you can.

With contingency fee arrangements, you can rest easy knowing that you’ll be getting effective legal representation without necessarily needing to deal with monthly legal fees.

What Happens When You Have Fee Disputes?

Similar to most other professional fields, the legal profession also has a few bad apples that might engage in illegal or unethical billing practices. If you’re concerned about the billing practices your lawyer is using, the first thing you need to do is have an honest talk with them. Your lawyer may just have made an honest mistake, or you yourself might have been mistaken.

If you still aren’t able to resolve the dispute after the talk, then you might need the help of another party. One of the places you can look is the local state bar association. You’ll find a lawyer fee dispute service in most state bar associations.

You can also ask another counselor to help you out. Another attorney may be able to help you get the funds you’re rightfully owed. They might be able to talk with the other lawyer and negotiate a settlement. You can avoid all these hassles by hiring a reputed lawyer.