Car Accident Attorney Houston

Car Accident Attorney Houston

If one other driver is at fault for your car or truck accident, you'll probably manage to hire an individual injury attorney on a "contingency fee" basis. Discover when it's worth the cost.

If you've experienced a car accident, and it's pretty clear that one other driver was at fault, you'll be looking for a plaintiff's car accident lawyer (one who represents anyone filing an individual injury lawsuit, whenever a case helps it be to court). But simply how much can you need to pay?

Most car accident attorneys charge due to their services in a fairly unique way—as opposed to the hourly fee that many firms charge in other kinds of cases. The conventional car accident lawyer will charge a "contingency fee" to defend myself against a personal injury case. A contingency fee implies that the firm will not receive money any attorney's fees until you recover money into your case. The lawyer or law firm will get paid a share of money received from any car insurance settlement or jury verdict (if the case goes all the best way to trial).

In this information, we'll have a closer look at how contingency fees work and that which you can expect if you determine to hire a lawyer to deal with your car or truck accident case.

The Contingency Percentage

The percentage that the personal injury lawyer can receive in a contingency fee agreement varies, but typically ranges from 25 to 40 percent, and 33 percent (or one-third) is pretty standard. So, when you have a 33% contingency fee arrangement and you recover $90,000 in your car or truck accident case, your attorney will receive around $30,000.

A contingency fee percentage may vary according to whether an individual injury lawsuit needs to be filed against one other driver (the defendant). If the case settles before it visits court, the percentage may be on the reduced side.

However, if settlement occurs after suit is filed and following the defendant has served an official response to your complaint—or if the case proceeds to trial and a jury verdict is reached, the attorney's share may increase to 40 percent.

For example, suppose your lawyer sent a demand letter to one other driver's insurance company in your case, and you quickly reached a settlement for $90,000. In this situation, the attorney would again receive $30,000 (33%). However, suppose that the case instead ended in a jury verdict of $90,000 and your agreement (and/or what the law states in your state) allows the attorney to get 40% of a recovery following the complaint is answered. In this situation, the attorney can recover $36,000.

It is always crucial that you speak together with your attorney about the contingency fee and to carefully review your contract for legal services. If you don't understand the fee arrangement as previously mentioned in the contract, ask your attorney to describe it to you.

Also, just like everything in a contract, the fee is negotiable. If yours is a "cut and dry" case—fault for the automobile accident and your damages are clear, the defendant has a lot of car insurance, and there's ample evidence burning your claims—you are able to certainly negotiate less contingency percentage. That you do not need to give up a next of one's compensation mainly because you'll need the leverage of having a lawyer on your own side.

Fees and Expenses

With respect to the lawyer and your contract for legal services, you may or might not lead to upfront court fees and other litigation expenses, just like the cost of obtaining medical records and police reports, court reporter fees, and expert witness fees.

Many personal injury firms require the client to pay the above-mentioned fees while they become due. If your contract states that you will be accountable for these costs, you are able to expect an individual injury firm to call you and seek payment whilst the fees become due. If you cannot pay these fees, your case will probably not proceed until there is a payment.

Other personal injury firms (typically large firms), will cover all fees and expenses. However, the fees and expenses will undoubtedly be deducted from your own settlement or final judgment. Let's say you settled your car or truck accident case for $100,000. This time around, your contract stated that costs and expenses could be deducted from the settlement. Your attorney incurred $10,000 in costs and expenses. In this situation, your attorney would receive $10,000 as reimbursement for the expenses and expenses, and $30,000 for legal services. You'd wind up receiving $60,000 as a final recovery ($100,000 - $10,000 - $30,000 = $60,000).

Ensure that your lawyer takes their fee out of the "net settlement"—that's, the total amount left after case expenses are deducted. This arrangement is typical. However, some law firms may try to improve their pay by taking their money out first. Let them realize that you won't accept that, and when it becomes a package breaker, it's probably best to get another lawyer.

Other Fee Arrangements

Not all cases calls for a natural contingency fee arrangement. Lawyers may collect a preliminary retainer to begin your case and also collect a contingency fee at the conclusion of one's case. However, in the event that you recover money, the total amount already paid to the attorney should really be subtracted from the percentage as a result of attorney at the conclusion of the case. For example, in the event that you paid $2,000 to the attorney as a retainer and recover $90,000 in a settlement, the attorney will receive $28,000 from the settlement ($30,000-$2,000 = $28,000).

Most car accident cases will not involve a flat fee payment for legal services. Flat fee arrangements are typically reserved for less-complex cases. A law firm may charge a flat fee where in actuality the legal representation is limited to drafting and giving an answer to a demand letter. In that case, the fee may range between $300 to $1,000.

Is a Car Accident Lawyer Worth The Cost ?

The general rule is this: The more serious the injuries, the greater the worthiness of hiring a lawyer. If you were in a small fender bender with little if any injuries, you are able to probably negotiate an individual injury settlement without a lawyer. On one other hand, if you were injured and needed any significant medical treatment, the worthiness of one's case rises quickly. This means the insurance adjuster will continue to work to minimize your damages and try to obtain you to simply accept a really low settlement offer—they're available of earning profits, not spending it, after all. In that situation, having an experienced lawyer on your own side becomes essential.