Does Hiring A Car Accident Lawyer Make You Pay A Lot?

If someone is involved in an auto crash, and another person is to blame, it is necessary to seek help from an expert car accident lawyer. Remember that most insurance companies also have their set of legal councils and adjusters who are doing the injury evaluation for your personal injury claims. You also need to make your move immediately, make sure to hire the best personal injury attorney if you got hurt from a car crash so that you can level up on the playing field.

To face a group of professional lawyers that are working full time for million to billion dollars insurance tycoons is definitely not  a wise move to handle it on your own to file claims. You may get hundreds to thousands of dollars if you are lucky but worse thing is they can deny your claims.  It’s definitely up to their discretion since you are not fully knowledgeable on the legal rights you have, the alternative measures you can take or what else to do to oppose their decision. Keep in mind that these lawyers are spending their entire day fighting claims on behalf of their represented insurance companies to make sure that those company’s will eventually have more profit than loss. Thus, facing them on your own with little knowledge has obviously no positive outcome. Then you’ll end up under compensated and soley face the long-term effects of your acquired injuries.

All of us are aware that lawyers are pretty much expensive, and many are asking how much they will need to pay.  On the other hand, no matter how expensive hiring a lawyer may cost, it’s still a must-do move according to  Mirman – New York City Personal Injury Attorney. They will be fighting for your rights and make sure you get the compensation and settlement that will not only help you while the accident and injuries are still fresh but up to the time you will need funds for therapies. Some car accident attorneys in New York City don’t accept payments until they obtain monetary compensation for the client. Also, they cover all out-of-pocket costs just to fund their client’s cases. Because they don’t accept conventional fee arrangement, they instead take cases on a contingency basis.

Contingency Percentage

The rate that a lawyer will receive in a contingency fee agreement differs from every state. It typically ranges from twenty-five to forty percent, and one-third is pretty standard. If the client has 33.33% contingency fee arrangement and the amount recovered in a serious vehicle accident is $90,000, the attorney will receive $30.000.

However, if the settlement happens after the defendant provides a formal answer to the complaint, or if the case reaches trial, the allowed percentage might rise.

Fees and Expenses

Other costs and expenditures include court filing costs, costs of obtaining medical records and police records, costs of serving subpoenas and summonses, expert witness fees, and court reporter fees.

Depending on the lawyer and the contract, the client may or may not be entitled to litigation expenses and upfront court costs. Many law firms require the client to pay the fees, and if not paid, the case will likely not proceed.

However, other law firms will cover all fees and expenses, but it will be deducted from the settlement or final judgment.

Takeaway

Car accident cases can be complex, and much complicated if there are injuries too. Insurance adjusters often suggest hiring a lawyer. It might sound expensive to hire an attorney, but it is the best way to get fully compensated for all the damages of a car accident.

Author’s Info

Michele S. Mirman is the founding partner of Mirman, Markovits and Landau in addition to being an award-winning personal injury lawyer with over 43 years experience. She has won over $1 billion in awards and settlements for her numerous, long time clients. Michele is known as a tough negotiator and an excellent trial lawyer. She has served on judicial rating committees for different New York State organizations, earned Lifetime Achievement to America’s Top 100 Attorneys, is recognized as a high stakes litigator and enjoys an outstanding 10 ranking from Avvo.

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