You’ve probably heard lawyer advertisements promising you that you won’t owe your attorney anything if she can’t win your case. Have you ever wondered exactly what that means?
Can I Afford to Hire an Injury Attorney?
Lawyers who handle personal injury claims typically do so on a contingency fee basis. That means that the attorney’s fee is contingent on whether or not the attorney recovers a sum of money for her client. If the attorney is not able to obtain a settlement or verdict for her client, then the cost to the client for hiring that lawyer would be free. An attorney who works on a contingency-fee basis only gets paid if the attorney is able to obtain a recovery for her client.
If the attorney is able to obtain a recovery for her client, then she would receive an attorney’s fee, which would be a percentage of the amount of money the attorney is able to obtain for her client.