Avoid Settlement Mills by Working with a Real Personal Injury Lawyer
Posted in: Car Accidents
KNR Legal Blog
In the vast majority of personal injury cases, including those pertaining to wrongful death and catastrophic injury, the attorneys representing the plaintiff service their clients on a contingency fee basis. Simply stated, with this arrangement you are not charged any upfront legal fees unless and until a positive result is achieved – a favorable out-of-court settlement or a successful recovery from a lawsuit. The contingent fee agreement establishes the fee charged by the attorney as a certain percentage of the settlement.
If you are searching for Ohio personal injury lawyers to help you in the aftermath of an injury you or a loved one has recently suffered, our legal team at Kisling, Nestico & Redick is here to help. We can guide you forward to help you recover any compensation you are owed.
In the vast majority of personal injury cases, including those pertaining to wrongful death and catastrophic injury, the attorneys representing the plaintiff service their clients on a contingency fee basis. Simply stated, with this arrangement you are not charged any upfront legal fees unless and until a positive result is achieved – a favorable out-of-court settlement or a successful recovery from a lawsuit. The contingent fee agreement establishes the fee charged by the attorney as a certain percentage of the settlement.
A contingent fee agreement provides several benefits to the consumer.
If you cannot normally afford to pay a retainer and hourly attorney’s fees, you can benefit greatly from a contingency fee arrangement. It gives you the freedom to hire a highly experienced and skillful attorney and protect your rights without the financial obstacles often associated with filing other types of legal cases.
You also run zero risk of losing a great sum of money if no settlement is reached or the case is lost in court. With a contingency fee agreement, attorneys finance cases out-of-pocket. All of the financial risk rests on the personal injury lawyers handling these cases and not on the consumers filing the claims. If the case is lost, you pay nothing to the attorney.
As well, contingency fee arrangements provide a source of powerful motivation to personal injury attorneys to serve your interests and achieve successful outcomes. In other avenues of legal practice, lawyers are often paid by the hour. Many times an upfront retainer fee is charged by the attorney before work on the case begins. With a contingent fee arrangement, lawyers have a compelling incentive to perform at a very high level.
It’s important to understand how much compensation you may receive from a potential settlement once the costs and fees are subtracted. Your personal injury lawyer has a responsibility to explain to you the fee agreement and what percentage of a settlement will go to cover the fee. Many agreements will set the contingency fee anywhere from 33 to 66 percent of the settlement, after other expenses are deducted. These expenses may include deposition costs, telephone charges, costs of investigations, photocopying costs, expert witness fees, court filing fees, among others.
It is your responsibility as the consumer and plaintiff to understand the contingent fee agreement offered by your attorney before you sign it. Once signed, you are obligated to all of its terms which include the percentage provided to the attorney as compensation and your portion of the settlement proceeds.
After a serious accident, you may be overwhelmed with medical bills, missed work, and pressure from insurance companies. Trying to handle a personal injury claim on your own can put you at a disadvantage—especially when you’re going up against insurers with legal teams trained to minimize payouts.
An experienced personal injury lawyer levels the playing field. At Kisling, Nestico & Redick, we know how to build strong cases, gather crucial evidence, and negotiate for the maximum compensation you deserve. Whether it’s calculating long-term damages, identifying liable parties, or taking your case to trial if needed, having a lawyer on your side can significantly increase your chances of a successful outcome.
Hiring a lawyer also allows you to focus on healing while your legal team handles the complexities of your case. And because KNR works on a contingency fee basis, you don’t pay unless we win.
If you have incurred a personal injury and don’t know what to do next, we are here to help. Our Ohio personal injury lawyers have the resources and experience to steer you through all the legal and insurance coverage issues surrounding your case. At KNR, you can count on us to represent your interests toward achieving a favorable settlement. To get started, call us today at 1-800-HURT-NOW, or contact us through our online form for a free consultation.