How Much Will a Personal Injury Attorney Typically Charge?

Anyone who has been in an accident knows that the weeks following are incredibly hectic. You’re trying to recover both physically and mentally from what happened, while also dealing with insurance companies and (possibly) a lawsuit. Amidst all of this, it’s easy to forget to ask one very important question: How much does a personal injury attorney typically charge? 

Today, we’ll explore how personal injury attorneys calculate their attorney fees, as well as some factors that may impact how much you end up paying. Keep reading to learn more!

How Much Does a Lawyer Charge?

There are a few different ways that personal injury attorneys charge for their services. The most common is a contingency fee, which means the lawyer only gets paid if they win your case. Typically, this fee is a percentage of the total amount you are awarded.

The most common percentage is 33%. However, that varies depending on the specific attorney and the area that you live in. If your case is unsuccessful, you will not owe the attorney anything.

Some personal injury attorneys also charge an hourly rate. This means that you will be responsible for paying the attorney for every hour they work on your case. The advantage of this arrangement is that you will only have to pay the attorney if they are successful in winning your case.

The disadvantage is that if your case is unsuccessful, you will still have to pay the attorney for their time.

When you are considering hiring a personal injury attorney, it is important to ask about their fees upfront. That way, you will know exactly how much you will be responsible for if your case is successful.

How Does Paying a Personal Injury Attorney Work?

In most cases, you don’t pay out of pocket. The fees come out of the settlement or verdict. For instance, if you are awarded $100,000 and your personal injury attorney has a 33% contingency fee, the lawyer will get $33,000, and you will get $67,000.

If you have an hourly rate arrangement, the attorney will bill you for their time spent working on your case and will get paid out of the settlement or verdict.

It’s important to note that in both cases, you are responsible for any other expenses incurred by your attorney while working on your case. This can include things like filing fees, expert witness fees, and court costs.

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Hiring a Lawyer: Counting the Costs

So, if you’re considering hiring a personal injury attorney, be sure to keep in mind that you don’t have to pay anything upfront. The money comes out of your eventual settlement, so there’s no risk on your end. 

We hope this article has been helpful and given you a better understanding of what to expect when it comes time to hire an attorney. Thanks for reading!

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