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There’s a common misconception out there that hiring a lawyer is going to cost an outrageous amount of money. While that might be true in certain aspects of the legal field, personal injury is not one of them. Why is that? Because personal injury cases are one of the few types of litigation where attorneys are paid through a contingency arrangement and not a billable hourly rate.
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ToggleThis article will help you understand the process of securing a personal injury lawyer. And remember, if you need legal assistance after an accident caused by someone else, our Nix Patterson personal injury attorneys are ready to be your passionate legal advocates.
Contingency fee arrangements compensate most personal injury lawyers. You do not pay an attorney for their legal services by the hour. Instead, the only fee you pay is when the attorney charges you a percentage of your settlement or verdict award. Contingency fee agreements are frequently used in car accidents, truck accidents, and wrongful death claims.
What happens if the attorney doesn’t win your case? You probably won’t owe the law firm any money. Contingency fees are a crucial part of personal injury compensation; after all, many injured parties cannot work because of their injuries and probably cannot afford billable rates of $200 or more per hour.
Contingency fees create a win-win for the injured client. First, you don’t pay upfront legal fees when you can least afford it. Second, the attorney’s compensation is directly tied to how much money they get you at the settlement table or in court. Contingency fees provide an enticing incentive for attorneys to work tirelessly for their clients, and they only take cases that will probably result in compensation.
Contingency fee arrangements vary depending on the law firm and the specific circumstances of your case. The percentage an attorney charges is influenced by several factors, including:
Every reputable firm provides a written contingency agreement that explains exactly how fees and expenses are handled before representation begins. At Nix Patterson, we make this process clear and transparent so you always know what to expect.
In addition to attorney’s fees, there are case-related expenses such as:
Some firms require clients to advance these expenses, while others deduct them from the recovery at the end of the case. We handle these details for you so you can focus on your recovery.
Unlike hourly billing models, a contingency fee is based on results. Your attorney’s compensation is tied to the outcome of your case, and if there is no recovery, you owe no attorney’s fees.
This framework was designed to level the playing field. Injured clients often face medical bills, lost income, and financial strain. By eliminating upfront payments, the contingency model ensures that you can pursue justice without taking on additional financial risk.
It is also important to understand that in most personal injury cases, medical providers may establish liens on your settlement or verdict to ensure payment for treatment. These liens are typically resolved out of the recovery before you receive your portion. Your attorney will help negotiate and manage these obligations so you take home as much as possible.
As this article shows, personal injury attorneys do have a cost when they win a case, but they also have the years of skill and experience in personal injury litigation to fight for maximum compensation. Insurance companies like it when injured clients, desperate for money, represent themselves in complex personal injury cases. They know they will often get the injured person to settle for far too little.
On the other hand, your personal injury lawyer levels the legal playing field and ensures you’ll have a fair fight with the defendant’s insurance attorneys. Your attorney knows roughly what your case is worth and how to negotiate for it with the insurance company. Other things your attorney will do on your behalf are:
Personal injury attorneys do a lot of work to earn money at the end of a case. While the fee might seem high at first glance, remember that the attorney takes a risk of not getting paid at all by accepting your case. They do not get paid if the case ends in no settlement or a disfavorable verdict.
Also, your personal injury attorney might save you money when it’s time to pay your healthcare providers for their services at the end of the case. This is called the healthcare subrogation process. This can significantly impact how much compensation you can secure.
Suppose you are in a car crash and must go to the ER, and the visit costs $10,000. Your health insurance company doesn’t pay the entire bill but only pays $500 for now. Your healthcare provider will then make a subrogation claim to be repaid that $500.
Your personal injury attorney is aware of all insurance payments made and can try to reduce how much you pay back to the healthcare provider. If the attorney can get the medical provider to accept less, this could give you more money for your recovery. Negotiating with medical providers who are owed at the end of the case is an important, less-understood benefit of hiring a personal injury lawyer.
Taking on an aggressive, stingy insurance company when you are overwhelmed with injuries and lost income isn’t an enticing proposition. The insurance company has all the leverage and experience, and if you go it alone without an attorney, you probably will end up with a lower settlement than you deserve.
Let’s even the odds – work with a Nix Patterson personal injury attorney who will hold the insurance company lawyers to account. Contact Nix Patterson’s personal injury attorneys today. We offer free consultations, and you will not pay a penny in legal fees unless we win your case.
Nix Patterson only works on a contingency fee basis. Our clients pay us nothing unless we win. Schedule a free consultation today. Call 512.328.5333 or complete the form below.
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The information on this site is for informational purposes only. Though it deals with legal issues, it should not be taken as legal advice for any specific case or situation. The law changes rapidly, and we make no warranty or guarantee about the accuracy or reliability of the content or links on this site. Every case and legal issue is different. Speak with a lawyer for specific advice.
This site is not intended to create, and viewing it does not create, an attorney-client relationship. The verdicts and settlements shown on this site are intended to be representative of cases Nix Patterson handles. These listings are not a guarantee or prediction of the outcome of any other cases or claim. Results in litigation can never be guaranteed.
La información contenida en este sitio tiene únicamente fines informativos. Aunque trata de cuestiones jurídicas, no debe tomarse como asesoramiento jurídico para ningún caso o situación específicos. La legislación cambia rápidamente y no garantizamos la exactitud o fiabilidad de los contenidos o enlaces de este sitio. Cada caso y asunto jurídico es diferente. Hable con un abogado para obtener asesoramiento específico.
Este sitio no pretende crear, y su consulta no crea, una relación abogado-cliente. Los veredictos y acuerdos mostrados en este sitio pretenden ser representativos de los casos que maneja Nix Patterson. Estos listados no son una garantía o predicción del resultado de cualquier otro caso o reclamación. Los resultados en litigios nunca pueden ser garantizados.