Personal injury cases are complicated, and clients need the best injury attorney available for this kind of case. However, when we talk about the best attorney available, people are automatically convinced that they do not have the money to hire the best. Many personal injury clients are unable to go back to work, or to pay their regular bills, and are facing a mountain of medical bills. They are so worried about surviving that they cannot even imagine hiring one of the top personal injury attorneys in the Southeast. Fortunately, there is a way. Contingency fees are specifically designed to address this problem. Simply put, a contingency fee is an agreement between you and your lawyer, in which the lawyer agrees to only get paid if you win your case.
How contingency agreements work
If you have suffered serious injuries because of someone’s negligence or willful misconduct; you will want to sue the person or business for your medical expenses, your loss of income, and for other damages that you have incurred. If you do not have the money to hire an injury attorney, you can search for the best Charlotte attorneys who will take your case on a contingency basis. You schedule a free consultation with the lawyer, who will explain your legal options. If the attorney tells you that he or she will work on a contingency basis, then you will not have to worry about legal fees unless you win. The attorney will put together a written agreement the specifically addresses a percentage of your winnings as your fee.
What to expect for percentage fees
As mentioned above, your attorney will create a document that is generally called a fee agreement. This agreement will state the percentage of any winnings that will become the lawyer’s fee. The percentage will vary from state to state and from attorney to attorney; but it is commonly in the neighborhood of thirty percent. In terms of simple math, if the attorney takes your case and earns you an award of $100,000, your attorney is entitled to $30,000 and you will keep the remaining $70,000.
Other incidental costs
Your contingency fee agreement will also specify any additional costs involved with your lawsuit. Some attorneys require that the client pay for necessary expenses, such as court costs, filing fees, travel expenses, or other costs. This means that it is very important that you read and discuss the fee arrangement in as much detail as possible. Do not sign with the first attorney you talk to, make sure that your attorney has a proven track record of winning cases and obtaining fair compensation for you and your family’s future security.
Charlotte, NC personal injury lawyers
It is important to remember that no matter how safe you try to be, negligent and irresponsible people can affect your life. This is why the accident and injury attorneys at the Olive Law Firm of Charlotte, NC are also ready to work for you and your family. If you or a family member ends up injured as the result of a negligent act or an act of omission; call the offices of the Olive law Firm for a free consultation with a compassionate and qualified personal injury attorney.