If you’ve sustained an injury from an accident it can be difficult to know where to turn, but your Colorado Springs Accident Attorney is here to help. If you were wondering how a contingency fee attorney works, this article will tell you all you need to know!
Why Pick a Contingency Fee Lawyer?
There are many benefits of using a contingency fee lawyer rather than one which bills by the hour.
Whilst some whiplash claims are straightforward, others may not be. Every claim is different, and there are many factors that can affect your entitlement. In some cases, the fault of the other party is easy to prove, but in others you’ll need an experienced attorney. It goes without saying that to claim compensation, you have to claim the money from another person or party. This is either another motorist, an insurance company, or an organization. The point is that whoever you’re up against will have their own defence, whose job it is to negotiate you down. Personal injury attorneys will ensure your legal rights are covered from day one. A dedicated personal injury lawyer will also fight for the greatest compensation sum.
Beyond that, any good personal injury attorney worth his salt will work on a contingency basis. Contingency based lawyers enable everyone access to the justice they deserve. Not everyone has the funds available to cover the cost of legal help, which is where contingency fees come in: you don’t have to pay your attorney unless you win.
How Does A Contingency Fee Attorney Work?
Contingency fee attorneys operate on a “no-win, no-fee” basis. This means you won’t have to pay a dime if your compensation claim is unsuccessful. That’s why you are more likely to receive honesty and integrity from contingency fee attorneys. If your claim is unlikely to be successful, your lawyer will tell you on your very first consultation. With contingency fee lawyers every first consultation is 100% free and without obligation.
Once your attorney accepts your claim you enter into an agreement. This agreement means they will cover all legal aspects of your claim. This includes:
- Reviewing car accident reports
- Collecting further evidence
- Working with insurance companies
- Foreseeing problems that may hinder your settlement
- Negotiating the best possible compensation sum
- If a suitable settlement is not reached your lawyer will take your claim to court. Yet court is always a last resort.
All this happens without any upfront costs. If your claim is successful, part of your claim will cover their legal fees, since legal fees are already incorporated into the calculation of your compensation. The agreed costs are usually a percentage of the money awarded through your claim. When your attorney has accepted your case, you’ll sign a binding written agreement. This is a legal and formal document. Everything should be ironed out before your legal aid gets to work, so ensure you get a good idea about payment terms and any other important details.
What to Expect on A Visit to A Colorado Springs Accident Attorney
Many people find the prospect of the first meeting with an attorney daunting. It couldn’t be further from the truth. What will happen on your first consultation is an assessment of your situation. All the documents associated with your case will be reviewed. Your lawyer will then make a decision whether to take on your claim. Your lawyer will always take your word as proof. Yet, the more information you are able to bring to the table the better.
One of the many benefits of using a contingency lawyer is their honesty, because they will only ever take on your case if they are certain they will win the case for you. Other lawyers charge by the hour and take full advantage of the fact by taking longer than they need to. It is a contingency fee lawyer who is taking the risk and has everything to lose in an unsuccessful case. Once you’ve signed on the dotted line, you will be in the loop with every new detail of your case.
You should always contact an attorney straight away after an incident. If you hesitate to bring your claim forward, the other party more inclined to dismiss it. Seeking help from an attorney means your legal rights are protected from day one. And by going over the facts while they’re fresh in your mind, you’ll be able to give a more accurate picture of the indent.
What You Should Know About Your Colorado Springs Accident Attorney
Your lawyer will take legal costs from the other parties insurance company. Their legal costs are the percentage you agree to on your first consultation. This is irrelevant to the amount of compensation which you receive.
On the occasions where your claim has been unsuccessful some fees may still be payable. This will all depend on the agreement signed at the first consultation. You will not have to pay the solicitors fees yet other charges may still need to be covered. These usually include court costs, expert chargers or any other miscellaneous expenses.
Typical No Win No Fee Percentage
Each Colorado Springs accident attorney sets their own percentages. The percentage may also be dependent on your individual circumstances. Always go over the small print before signing to a legally binding agreement.
Get in touch today!
Malnar Law, P.C. has had over 10 years’ experience as a Colorado Springs accident attorney. Not only that, but he offers his invaluable services on a 100% contingency fee basis. Which allows his service to be accessible to everyone seeking justice. If you’ve recently been in an accident don’t hang around. Proper compensation is easier to achieve than you think, so contact Malnar Law, P.C. Colorado Springs Accident Attorney today!