You’ve been injured in a Los Angeles accident and are considering filing a claim for personal injury damages. You know that you are more likely to maximize the compensation you receive if you hire an attorney, so you’ve started looking for legal representation. You’ve noticed that most Los Angeles personal injury attorneys offer their services on a “contingency fee basis,” but you’re not really sure what this means. What does it mean to work on a contingency fee basis? How much can you expect to pay your personal injury attorney? What percentage of your compensation will your attorney expect in exchange for their work?
Most personal injury attorneys provide legal assistance on a contingency fee basis. This means that they will work for no money up front but will take a percentage of whatever compensation you are awarded. This fee structure allows injured Los Angeles accident victims to afford legal representation without breaking the bank and focus their hard-earned money on essentials including rent, food, utilities, and medical bills. When an attorney agrees to use a contingency fee structure they will only recover attorney’s fees if their client receives a settlement or award.
In most situations, you can expect that an attorney will take between 30 and 40 percent of the compensation you recovery. The exact percentage of a settlement or award that a Los Angeles personal injury attorney will take depends on a few different factors. Important factors in this determination will include:
As a general rule, the more complicated or challenging your case is, the greater the percentage you can expect to allocate for attorneys’ fees.
When you meet with an attorney for a free consultation it is important to take advantage of this time and learn as much as you can. During this consultation, do not hesitate to ask about the attorney’s fee structure. How much your attorney will be paid is an incredibly important factor to consider when you are choosing an attorney to handle your Los Angeles personal injury claim. Here are a few questions to ask:
Each attorney’s compensation scheme and contingency fee structure will be unique, so it is important to gather details from each attorney you meet with. Some attorneys may take a smaller percentage of your award, but require you to pay for costly fees and expenses. Others will take a larger percentage and cover the costs of your case on their own. Take the time to ask important questions and get to the bottom of how much you will be expected to pay if you win.
Understanding an attorney’s compensation structure is incredibly important. The amount of compensation you recover from a personal injury lawsuit can be essential to pay for costly medical bills, compensate for lost wages, and help with many other aspects of your life. This money is valuable to you and your attorney should not take more than is necessary to litigate your case and pay for related costs. When you hire an attorney you should know exactly how much compensation you can expect to pay when your case is completed.
If you have been injured in an accident contact Los Angeles personal injury attorney Joshua W. Glotzer to schedule a free consultation. During this meeting, he will review your case and offer his preliminary thoughts on your case. He will thoroughly review the firm’s compensation structure with you and answer any questions you have.
“Mr. Glotzer represented me after I was involved in a car accident. I was badly injured,but the insurance company refused to offer me a reasonable settlement. I decided to find an attorney and decided to hire Josh.
His law firm did a great job on my case. They were very responsive to all my questions and obtained a great resolution for me. I received way more money than was originally offered. I would recommend their firm to friends and family.”
“Mr. Josh Glotzer is a great attorney. Over the last 15 years he has helped me on a number of cases with professionalism, and more importantly a positive outcome in my favor. I have referred him to a number of friends and colleagues, all of which have been equally as happy with his legal representation. I trust him and confident in legal ability. I highly recommend his law firm.”
“Don’t try to deal with insurance companies on your own. They strung me along for almost two years before I gave the case to Glotzer & Leib. Josh and his team quickly obtained a settlement that netted me many times what the insurance company was offering. Thank You!”
“My wife was in a car accident last year and Josh did an amazing job representing her. It’s very refreshing to see someone in his profession that actually cares and puts his clients first. He’s the best in the business and I feel so fortunate that I was referred to him. Keep up the great work and thanks for everything you did for my family!”
“I was in a rear end car accident last year and hired Mr. Glotzer’s office. It wasn’t a big case but their office helped me with my property damage claim and did a good job resolving the injury portion of the case as well.”
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