Some attorneys will ask for more, others will ask for less. You can compare prices and find out what. This way, people won't have to pay out-of-pocket costs and can hire an experienced lawyer who will have motivation and some skin in the game. For this reason, your first visit with your lawyer is an opportunity for both attorneys and clients to get to know each other and for you to get the right legal advice. The fee schedule will be described in the contingency fee agreement you sign when you and your lawyer agree to work together.
That figure has been changing over the past ten years or so, as more and more lawyers have started to charge higher fees, or “variable fees,” meaning that fees increase if the case goes to trial. For example, it's important to know because it means that when an Albuquerque traumatic brain injury attorney accepts your case, the attorney assumes the financial risk instead of you. In most cases, the lawyer will agree to pay them for you and then you will receive a refund at the end of the agreement. But knowing that your lawyer will not charge a fee if there is no recovery is not very helpful when choosing a lawyer, because no lawyer specializing in injuries should charge a fee if there is no recovery.
It is important that you read the document, that the lawyer explains the document to you and that you ask questions about anything you don't understand, because you know that the lawyer wrote it and that you have the obligation and the opportunity to know everything you are signing. Should an accident or fatal injury occur due to the negligence of another person, the right Albuquerque wrongful death attorney can help you obtain wrongful death compensation for a lost family member or loved one. The less money your lawyer charges you to handle your injury case, the more money they can keep for yourself and his family. The percentage of a personal injury settlement that an attorney takes as payment for their services will vary depending on the specific characteristics of the case.
If you have any questions regarding any issue related to contingent fee agreements, do not hesitate to call me or contact me or any of the attorneys at Marcotte Law Firm. But assuming that your case goes to trial and the jury reaches a settlement, a sliding-scale fee agreement could mean that your lawyer keeps 40% instead of 33%. A good personal injury lawyer can review your case, explain all of the available legal options, and help you decide what's best for you. There are some additional parts that many lawyers have in their agreements about what happens if they accept a case from another lawyer that is not referred, or if you lose a case to another lawyer just so that everyone can receive fair compensation for any work they have done if you end up getting a settlement or a jury verdict in the future.
