Can I afford to hire a personal injury lawyer?
After an accident, many people shy away from hiring a lawyer for fear of added costs. However, it's a common misconception that an attorney is going to break your bank. This guide explains why hiring a personal injury lawyer is essentially risk-free.
Contingency AgreementsWhen hiring a personal injury attorney to represent you after an accident, a vast majority will have you sign what is called a contingency agreement. This means that there are few if any, up-front costs at all. The agreement says that you as a client do not pay any legal fees unless AND until you win your case. The lawyer is then paid a set percentage of the recovery settlement. If you lose your case, you do not owe the lawyer anything.
The Attorney Covers the CostsThroughout the entirety of the case, your lawyer fronts all the costs involved in making your claim, as they are also invested in the recovery from the case. The attorney is then reimbursed once a settlement has been reached. Again, if there is no resolution and both parties walk away, then you do not owe any money to the attorney. You may still owe for your unpaid medical expenses, although the attorney may be able to help negotiate those down for you as well, which saves you money.
Risks of Not Hiring an AttorneyWe've established so far that there are little to no risks to you when hiring a personal injury lawyer. However, there are many risks if you choose not to hire one. Insurance companies would not be as wealthy and powerful as they are if they paid out in full on every claim. It is the job of the insurance adjuster to give you as little money as possible. They are NOT your friends and they are NOT on your side. Without proper legal representation, you run the risk of getting stuck with a minimal settlement and the potential to owe thousands in medical and repair bills. A Board-Certified Trial Attorney can help you maximize your claim to get your life back on track after an accident, and there is no risk involved.