If you’re injured so that you can’t work, you probably don’t have a lot of excess cash lying around. You need to file a workers’ compensation claim, but an attorney is expensive. How can you afford a lawyer when you’re not working?
You know that you’re legally required to have auto insurance. Unfortunately, not everyone follows that rule. When you’re in a car crash, the at-fault driver’s insurance will cover your medical costs and car repairs. So, what happens when the person who hit you doesn’t have car insurance?
Personal injury lawyers are paid a percentage of the recovery they obtain for you. It may appear at first glance that you can maximize your recovery by handling your claim on your own without having to pay a lawyer. You know that you’ve been wronged; why bother with the expense of an attorney?
Most personal injury attorneys charge a “contingency fee.” That means their fee depends on the amount they recover for you. A typical contingency fee is one-third of the recovery amount or slightly more than one-third if your attorney has to file a lawsuit rather than just negotiate a settlement. The contingent fee structure gives your attorney extra incentive to fight to win your case – no recovery means no fee.