How Much Does an Accident Lawyer Cost?

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Accident Lawyer Cost

Many people hesitate to hire a car accident lawyer because they believe they won’t be able to afford the legal fees. However, the vast majority of lawyers who handle car accident cases do not require clients to pay any fee upfront in order to represent them. Instead, they charge what is known as a contingency fee.

A contingency fee is a percentage of the amount that the attorney receives when the case is successfully resolved. While most attorneys charge a contingency fee, there are other payment arrangements that can be used as well. These include a flat fee, an hourly rate or a hybrid arrangement.

The type of case and the complexity of the case are also important factors that impact the overall cost of the case. For example, more complex cases often involve extensive investigation and the use of expert witnesses, which can increase the overall cost of the case.

How Much Does an Accident Lawyer Cost?

A car accident lawsuit can be a complicated matter that requires extensive time and resources to resolve. In addition, there are many statutes of limitations (the limited period of time in which a person may file a lawsuit) that must be followed, and failure to do so could result in the loss of your claim. An experienced car accident lawyer can help you navigate this process and maximize the amount of money that you receive through a negotiated settlement or court judgment.

In addition to providing legal advice, an experienced car accident lawyer can handle the day-to-day tasks of your case. This can include negotiating with insurance companies, filing paperwork to start a lawsuit and dealing with defense attorneys. Having a seasoned professional navigate the details of your case allows you to focus on getting medical treatment and recovering from your injuries.

One of the most important things that an accident lawyer can do is open a line of communication with the at-fault driver’s insurance company. The insurance adjuster has the goal of paying out as little as possible, and it is important to have an experienced lawyer in your corner to ensure that you are not taken advantage of.

An experienced lawyer can also help you determine the true value of your case by evaluating all the damages that you have sustained. These damages can include past and future lost income, medical expenses, pain and suffering, mental anguish and more. In fact, a recent study by Martindale-Nolo found that 74% of crash victims with attorneys received compensation from the at-fault party’s insurer compared to 54% of people without an attorney.

While a car accident lawyer’s fees may seem high, they are usually well worth it when you consider the potential amount of money you can receive from the at-fault party’s insurance company or a jury award. Our New York car accident lawyers have obtained some of the largest personal injury verdicts in the state’s history, including a $1.1 million verdict for a passenger injured in an intersection collision and a $5 million verdict for a man who suffered an above-the-knee amputation when struck by a bus.

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