People that have been injured in car crashes, slip and falls, and other accidents can recover compensation by filing a lawsuit against the person that has caused them harm. However, many victims fail to take legal action because they assume that they cannot afford to pay for a Denver personal injury attorney. Fortunately, that’s not the case.
An Introduction to Contingency Fees
When you hire a criminal defense, business, or family law attorney, you should expect to pay him either an hourly rate or flat fee. But, personal injury attorneys are different because they work on a contingency fee basis. How does it work? A personal injury attorney will not ask you to pay for his services upfront or charge you by the hour. Instead, lawyers that work on a contingency fee basis will take a portion of the compensation that you are awarded in a settlement or verdict. The amount that the personal injury attorney will take can vary slightly, but it is typically around one-third of the compensation. Learn more about paying for legal services when you need a lawyer
But, what happens if the lawyer is not able to reach a settlement or win a verdict in your case? If the lawyer is not successful in his attempts to recover compensation for your injuries, you will not be expected to pay for his legal services.
Benefits of Contingency Fees
This type of arrangement ensures that anyone that has been injured can afford to hire a personal injury attorney to represent them. Because you will not be required to pay for the legal services unless you win, everyone can afford to work with a personal injury attorney.
That’s not the only benefit to hiring an attorney that works on a contingency fee basis. Lawyers know that they won’t make any money off of your case unless they are able to win. They’re also well aware that the more compensation they recover for you, the more they will pocket, too. This means that personal injury attorneys are highly motivated to reach the best possible outcome in your case. Because of this, you don’t have to worry about hiring an attorney that is not willing to put in the time that is needed to win your case.
During the course of your case, your attorney may incur several expenses as he gathers your medical records, hires expert witnesses, or pays standard court fees. Most personal injury attorneys will cover these costs upfront and then take what they are owed when you are awarded compensation for your injuries. Make sure that you go over this with your attorney during the consultation to ensure that you will not have to pay for any of these fees.
If you have been injured by the negligent acts of another person, don’t hesitate to seek legal representation from an experienced personal injury attorney. Mark A. Simon will work tirelessly to ensure you receive the compensation that you deserve. Call us at 303-321-4878
or contact Mark A. Simon
to discuss your legal options during a free consultation.