Victims and their families usually pay personal injury lawyer fees on a contingency fee basis. This means that they typically will not have to pay their personal injury attorney anything until they win their personal injury case and receive the payout from the judgment.
Money and financial issues are often a primary concern for the victims of personal injury accidents. Mounting medical bills and lost wages can all make a person feel like they are drowning in a sea of financial troubles. As a result, many victims of personal injury accidents avoid seeking legal advice because they don’t think that they can afford the legal fees involved with retaining a lawyer.
Typical Personal Injury Lawyer Fees
Typical lawyer fees for personal injury cases are contingency fees. With a contingency fee, the lawyer receives a fixed percentage of the payout you receive if that lawyer wins your case. In some cases, lawyers may ask you to pay filing fees or other out-of-pocket expenses.
When you first meet with an attorney, ask them to explain their typical personal injury lawyer fees. Also make sure that they explain what their rates are and what, if any, out-of-pocket charges you may have to pay. Before signing a representation or fee agreement, ask questions and have them explain how they structure their typical personal injury lawyer fees. Many contingency fees for lawyers are structured the same, but it’s good to ask just in case.
The Chicago personal injury lawyers at Ankin Law represent personal injury clients on a contingency fee basis. Only once a client collects damages at the conclusion of a personal injury case will we collect a portion of the damages award. In other words, IF YOU DON’T WIN, YOU DON’T PAY.
Hiring a Personal Injury Lawyer
Because you don’t pay any legal fees unless you win your case and obtain financial recovery, it makes good sense to contact an experienced personal injury lawyer if you have been injured in an accident. But there are a number of other benefits to hiring an experienced personal injury attorney like those at Ankin Law, including:
- Helping you get the appropriate medical attention.
- Explaining your legal rights.
- Advising you regarding available legal options, and explaining the pros and cons associated with each option.
- Ensuring that statute of limitations deadlines are met so that your legal rights are preserved.
- Filing the necessary legal documents to pursue your claim.
- Appearing in court to advocate on your behalf.
- Helping you understand what litigation means in a personal injury case
Without having an attorney on your side, you are susceptible to the tactics that unscrupulous insurance companies and third parties may use to avoid paying out money. They may try to take advantage of you by persuading you to sign away your rights or to accept a payout far less than to what you are entitled.
Hiring an attorney can provide you with valuable protection against these types of practices. Plus, insurance companies and other parties are more likely to take your claim seriously if you have an attorney. This increases your chances of receiving a fair settlement offer. If the insurance company refuses to budge and trial becomes necessary, a personal injury lawyer can gather evidence on your behalf, call witnesses, and help ensure that you receive a fair outcome.
Ankin Law is a full-service law firm devoted to protecting the rights of accident and injury victims and their families. We are well-versed in handling a variety of personal injury accidents, including auto accidents, trucking accidents, medical malpractice, slip and fall, and product liability claims.
Contact our office at (312) 600-0000 to schedule a free consultation with one of our Chicago personal injury lawyers to learn more about how we can help you obtain a financial recovery on a NO WIN, NO FEE basis.