Negotiating Fees With a Car Accident Lawyer
After an accident, you may want to hire an attorney to help you with the negotiation process with the insurance company. This is a prudent move, especially if you do not know the laws regarding car accidents in your state. Most accident attorney charge their clients on a contingency basis. This means the attorney will ask for a percentage of the total award that a client would get from the insurance company.
The percentage charged varies from lawyer to lawyer as well as state to state. In some states, there is a cap limit on the percentage that the attorney may charge. This is usually the case if the potential payment that a client may get is huge. Sometimes, the judge may set a cap on the limit that the attorney from www.siegfriedandjensen.com should ask for a particular case.
Most attorneys charge from between 20 to 40 percent of the total payment. The charge is not set on stone and you can negotiate it to a rate that you will be more comfortable paying. If you wish to negotiate, make sure you do so before signing the client contract authorizing the attorney to represent you.
You should understand the contingency fee arrangement before you hire the attorney. In most cases, the attorney will not ask you for the attorney fee only. This fee will be determined as a percentage of the award you will be given. However, you will still need to make some payments from out of your pocket. For example, you may have to pay the fees for filing a lawsuit, expert witness fees, fees incurred when serving sermons and subpoenas, and so on. Find out about solicitors here at http://en.wikipedia.org/wiki/Solicitor.
Discuss with the attorney in advance to know the amount of payment you will be expected to cater for in the contingency arrangement.
Benefits of Contingency Payment
The contingency payment is beneficial to both the attorney and you. On your part, you will not have to worry about the cost of affording an attorney since you won't have to pay any fees in advance. This means your case can go on even if you are strapped for cash. If you do not win the case or are not offered compensation, you will not pay any attorney fees.
On the other hand, since the attorneys know that his or her payment will depend on the outcome of the case, they will be more motivated to secure you a win. The attorney will work on your case diligently, ensuring all loose ends are tied and your case is brought out strongly in court. View this great site of a great attorney.
