If you have been involved in a car or truck accident and have substantial injuries or damage, it may be wise to hire an attorney. It can be difficult to work with an insurance company for the most minor of claims. The higher stakes you have for being paid, the higher stakes your insurance has to fight the claim itself or to try to pay as little as possible. However, it can be equally difficult to find the money to pay for an attorney that specializes in car or truck wrecks, since attorneys generally charge high fees. With perseverance and luck, it is not impossible for a plaintiff to find and pay for the right attorney.
Contingency Fee Basis
Most truck or car wreck attorneys will work on a contingency fee basis, meaning they only get paid if you win your case or settlement. Typically, this fee is around 33% of the settlement money, but it can be anywhere between 25 and 40% depending on the case itself. So long as you are not at fault in the accident, you can expect a payment plan based on the outcome of your case. If you are at fault in the auto accident, then your insurance should pay for the legal defense you will need up to a certain point. Beyond that, you will be expected to pay an hourly rate.
Beyond the Attorney
It is important to note that hiring an attorney will most likely not be the only thing you as a client need to pay for. Your contract with the attorney will state who pays for various extra fees associated with fighting an insurance company and when those fees need to be paid. This includes photocopying costs, expert witness testimony, and various court filing fees. Usually, these miscellaneous costs are paid with some of the money won through the settlement, but it is important to check who pays if you and your attorney do not win the case.
When searching for an auto accident attorney to settle a claim with an insurance company, it is important to know how you are going to pay. Typically, your attorney will only need to be paid if you win the case. Otherwise, you won't have to pay the attorney, but you may still have to pay various other fees associated with fighting for a settlement yourself if you do not win the case. If you don't have a contingency fee payment plan or if you are at fault and have exhausted your insurance's ability to defend you, you will have to pay an hourly rate for your attorney. The best way to ensure a clear understanding of your payment plan is to read the contract your attorney will provide for you before you hire them.
Contact auto accident attorneys in your area to learn more.
When you are faced with a serious legal matter, it only makes sense to work with an attorney who has the skillset to help. Attorneys are specially trained to manage everything from courtroom appearances to issues with paperwork, which is why you should have one on hand for when you are faced with an emergency. The purpose of this blog is to make it easier to understand when you should call a lawyer and how they can help. Read more on this blog to sort out everything you need to know to improve your legal prowess every single day, preventing problems.