If you’ve been injured by someone else’s negligence you’re entitled to compensation. But will you have to pay an arm and a leg for it?
Here’s what you need to know about getting help from a personal injury lawyer in Queens.
How Contingency Fees Work
Personal injury lawyers charge contingency fees. This means that they don’t get paid until and unless you settle your case. When you do, they get a certain percentage of that money.
This means you don’t have to pay a retainer and you don’t have to pay out an hourly rate.
How much are contingency fees?
Contingency fees can vary from attorney to attorney and case to case. They can be anywhere from 30% to 45%.
You don’t want to evaluate your lawyer based on contingency fees alone. It’s not necessarily more advantageous to get a newer lawyer charging a lower contingency fees. You want a lawyer who can help you maximize your settlement, who will be responsive to your calls, and who will keep you in the loop. You also want a lawyer with experience in your specific kind of personal injury case, and someone who you feel comfortable working with.
How You Come Out Ahead
90% of those who hire lawyers get settlements. Only 50% of those who hire lawyers to. And getting an attorney can triple the amount of money you ultimately receive.
Imagine if you will that you handle your own personal injury case and get a $10,000 settlement.
But a good lawyer could have gotten you a $30,000 settlement.
Even if the lawyer takes 45% you walk away with $16,500…more money than you would have walked away from on your own.
Of course, some clients have to pay for expert witnesses or other investigative costs, and most have to pay filing fees. Say you need 5 hours of an expert witness’ time and you need to pay about $500 in deposition costs. That means you’ll also have to pay about $1200…but you still come out ahead. You walk away with $15,300, instead of $10,000 minus court filing fees.
In short, hiring a qualified personal injury attorney is virtually risk-free, especially if you choose the right one.
Get Help Today
The earlier you involve a personal injury attorney, the better your case is likely to go. We can help you by ensuring insurance companies take you seriously, thus maximizing your settlement. We will walk you through our fee structure when you meet with us.
Call for a free consultation and case review today.