Nearly every personal injury and wrongful death case in the United States is handled on a contingent fee basis. A contingent fee means that the lawyer is paid a percentage of the amount recovered for the client, and reimbursement of the out of pocket expenses incurred by the attorney. On the other hand, if there is no recovery, the lawyer is not paid.
Three advantages of contingent fees
- The contingent fee gives injured people who do not have a lot money, a fighting chance in the courtroom against giant corporations and insurance companies. Personal injury cases are complex. This means that some cases could last years. Hardly anyone, especially someone who cannot work because of a major injury could afford to pay for a couple of years of challenging litigation.
- To put it simply, contingent fees make a lawyer’s pay directly proportional to results he or she obtains for the client. Lawyers know they will not be paid unless they are successful. Contingent fees motivate the attorney, and will insure the best possible results for the client. On the other hand, hourly fee arrangements can encourage delays, reward inefficiency, and cause unnecessary action.
- The expense of litigation, including exhorbant court fees, can be prohibitively high for injury victims. Lawyers who work on a contingent fee basis typically advances the expenses of litigation such as:
- filing fees
- accident reconstruction
- expert witnesses
- court reporters
- medical illustrations
- exhibit preparation
- travel costs
The top injury attorneys in Charlotte know that most clients are unable to pay these expenses. Hence, they will pay the expenses for their client. They will then be reimbursed for the costs, out of money recovered for the client. Their experience gives them a rough estimation of costs and benefits, fully understanding that they will get that money back only if they win for the client. The best personal injury attorneys are motivated to be prudent and spend only as much as necessary.
A reputable personal injury attorney in North Carolina
If you have been the victim in an accident, whether it was a traffic accident, train accident, bus accident or slip and fall accident, the Olive Law Firm is dedicated to helping their clients seek justice. For nearly 60 years, they have provided aggressive representation for the citizens of Charlotte, and throughout the Carolinas. Their areas of expertise include all types of injury, worker compensation, and Civil Rights cases. There is no fee unless you are compensated and your consultation is free. If you have been injured on the road, at work, in a public or private place, or even at the hands of law enforcement, you may be entitled to compensation. Call The Olive Law Firm to find the best Charlotte injury attorney for your situation.