The cost of an accident is high in many ways beyond just the financial expense. However, it’s precisely these expenses that often prevent accident victims from getting the help they need, because they believe it’s unaffordable. However, a contingency arrangement is often available for accident victims, making it possible to file a lawsuit for compensation. Here’s what you should know. 

What Is a Contingency Payment Arrangement?

A contingency payment arrangement, also called a contingent fee, is an arrangement that allows a plaintiff to pay their attorney from a portion of their settlement winnings. If the plaintiff doesn’t win their case, the lawyer collects no fee and the plaintiff isn’t responsible for most or all of the costs of working the case up to that point. 

Do Personal Injury Lawyers Accept Contingency Payments?

Typically, injury victims lack the financial resources to hire an attorney on their own right after an accident, especially if they’re out of work for any length of time. However, this would leave the vast majority of people who have been in an accident without the ability to get legal help. 

When an attorney accepts a contingency arrangement, this allows victims who otherwise may never have filed a claim to get the legal help they need to pursue restitution. Accident lawyers generally only invest their time and effort into cases they believe they can win and obtain the full and fair compensation the victim deserves for their injuries. 

How Much Will My Injury Attorney Charge? 

The average personal injury lawyer charges approximately 25-35% of the total settlement for their services. This amount can be negotiated with your attorney beforehand and may depend on certain facts related to your case. In addition to this amount that covers your lawyer’s effort and time spent on your case, you may also have to use a portion of your settlement to cover costs incurred throughout your case, like postage or lodging if your attorney had to travel. 

Take the Next Step to Get Legal Help After An Injury  

Getting legal assistance after you’ve been in an accident that was the result of another person’s negligence is of the utmost importance, after seeking medical care. Experienced personal injury lawyer Chad Lewin can provide you with comprehensive legal representation throughout every stage of your case, from the initial consultation to the final verdict. Call now for more details or to discuss your legal strategy.