One of the questions we get asked by people who have been injured in a car crash, slip and fall, or other personal injury incident is how much it will cost to hire a lawyer. The first thing they imagine is having to come up with the money for hefty legal fees, all while they are trying to seek medical treatment and heal from their injuries.
At Debbie Taussig Law, we recognize the financial hardship that our clients may face if they were forced to pay for attorney fees prior to settling their case or receiving a jury award at trial. Instead, we typically offer them our services on a contingency fee basis. Learn more about what it means to hire an attorney on a contingency fee basis and how hiring a lawyer will put more money in your pocket.
What Does It Mean If I Hire a Lawyer on a Contingency Fee Basis?
When a law firm, like Debbie Taussig Law, takes clients on a contingency fee basis, it means that the law firm’s fee is dependent upon the firm settling your case or a jury awarding you money at trial. In other words, if your lawyer does not obtain compensation for you, you will not pay for their service.
The majority of law firms, including Debbie Taussig Law, that offer their services on a contingency fee basis, require their clients to pay no money upfront. In addition, most contingency-fee-based law firms will front the costs of additional services, such as hiring investigators and experts, so you can focus on healing during the legal process.
Once your lawyer gets you compensation for your personal injury, then you will pay your lawyer for your legal fees out of the settlement or judgment awarded to you instead of having to pay for your legal fees out of pocket. Your attorney will deduct a previously agreed-upon percentage from the compensation you receive. For example, if your lawyer charges 33.3% of your settlement amount, for example, and secures $100,000 in compensation, you will pay $33,300 in legal fees. Depending on the law firm’s policies and whether you go to trial, the fee may vary. Be sure to find out what percentage the law firm charges before you sign the law firm’s fee agreement.
Get in Touch with a Seasoned Attorney at Debbie Taussig Law
At Debbie Taussig Law, we offer contingency-fee-based services to give every person who is injured because of the negligence of another person the chance to get what they need to heal and protect their futures. By not requiring our clients to pay for our services upfront, it helps everyday people go up against large insurance companies and businesses. The insurance companies have trained adjusters and lawyers who serve one purpose – to save the company money. By hiring a personal injury lawyer, it levels the playing field and gives you the chance to receive maximum compensation for your injuries. Call us today for a free claim evaluation.