Many people who have suffered an injury in an accident often think twice
about obtaining legal counsel. The cost of medical treatment and property
damage repairs can take a substantial toll, especially if they are being
forced to miss work. How can you pay for legal representation on top of
all the other expenses?
Fortunately, nearly all
personal injury and
wrongful death cases in the U.S. are handled on a “contingent fee basis.”
This means that the attorney is paid only in proportion to the amount
recovered for the client. If your lawyer is not able to recover any compensation,
he/she is not paid. By contrast, if money is recovered from the other
party, the attorney is paid an agreed percentage of that recovery in addition
to reimbursement of his/her out of pocket expenses.
The following are four benefits of contingency fees:
Victims with moderate financial means can still have their day in court – Personal injury victims often face big corporations and insurance
companies, who are backed by a team of skilled lawyers. So if you do not
have the money to pay for legal counsel upfront, you don’t have
to worry. You have the ability to choose which lawyer is most qualified
to handle your case and not afraid to go up against powerful business
or governmental entities. Additionally, attorneys will typically advance
the expenses of litigation (i.e. filing fees, expert witnesses, accident
reconstruction, travel costs, etc.).
Lawyers only get paid if they win the personal injury case – As we mentioned before, attorneys will not get paid if they lose
the case, which is why they will do their best to ensure success is attainable.
On the other hand, an hourly-fee arrangement can encourage delay, inefficiency,
and sometimes unnecessary action that may not align with client outcomes.
Lawyers only take cases they have a high chance of winning – Attorneys will not waste their time and effort on a case that lacks
Victims can solely focus on their recovery – Without worrying about how you can afford experienced legal representation,
all you need to be concerned about is getting better and being able to
return to work.
Law Office of James M. Stanley, we offer our legal services on a contingent fee basis. When we say nothing
comes out of your pocket, we absolutely mean it. Do not wait to take legal
action and let our Fort Worth personal injury attorney fight for you.
For more information about our contingency fees,
contact us and schedule a free consultation today.