How Much Does it Cost to Hire a Personal Injury Lawyer?
If you have been injured in Wyoming and are thinking about filing a personal injury claim for damages, you may be hesitant to do so–or to hire a lawyer to assist you in doing so–due to concerns about costs.
In fact, many people fail to ever seek the compensation that they deserve. This is because they believe that working with a lawyer will be too expensive.
Before you make a decision, consider the following about how much it costs to hire a personal injury lawyer, as well as other costs associated with a personal injury claim–
How Does a Personal Injury Lawyer Charge for Services?
Unlike criminal, divorce, or corporate attorneys, personal injury lawyers should never charge you for hourly payments or retainer fees; if you encounter an attorney who asks for either, do not hire them. Instead of charging hourly, personal injury lawyers charge a contingent fee.
A contingent fee refers to a lawyer’s fee that is contingent, or dependent upon, the outcome of your case. If your case is successful and you recover a settlement or jury verdict, then your lawyer gets paid; if your case is unsuccessful and you do not recover a settlement, then your lawyer does not get paid.
A lawyer’s contingency fee is typically around 30 to 40 percent, depending on how long the case takes to settle and the amount that is recovered. This means that if you recover $100,000, your lawyer would be entitled to between $30,000 and $40,000. However, remember that this money comes out of your winnings; you do not have to pay your attorney out-of-pocket for their services.
What Other Costs Are Associated with a Personal Injury Claim
Of course, a lawyer’s fee is not the only cost that you’re looking at in a personal injury claim. It is very important that you schedule a free case consultation with your attorney in order to get more information about costs that you may be responsible for during the process, and to get this agreement in writing. For example, some fees you may face include filing fees, court fees, expert witness fees, investigative costs, and administrative expenses. How expensive your case may be to pursue depends significantly on the details of your case.
Is a Personal Injury Case Worth It?
If you’re on the fence about whether or not you should file a personal injury case and hire a lawyer to help you do so, remember that if you don’t file a personal injury case, you will not recover compensation for your injuries, and therefore the losses that you suffer will almost certainly outweigh the fees and costs associated with pursuing your claim. When you work with a personal injury lawyer, you greatly improve the chances of your claim’s success.
Call Our Lawyers Today
Schedule a free consultation with our legal team at Platte River Injury Law to learn more about our fee agreements and how we can help. You may call our law firm directly or send us a message. We never charge you for your initial meeting, and always work on a contingency fee basis.