How Much Does a Beaumont Car Accident Lawyer Cost?

How Much Does a Beaumont Car Accident Lawyer Cost?

Even a small car accident can have serious financial consequences. These massive expenses have people worried about getting a personal injury claim approved. Because they’re under financial stress at the time of filing, however, some may choose the DIY approach, although that may reduce their chance to succeed. So, how much does it cost to hire a Beaumont car accident lawyer? Does the decision make financial sense in the long run?

Factors That Determine the Cost of Hiring a Beaumont Car Accident Lawyer

The average cost of property damage occurring in a car crash is $6,100 dollars, the National Security Council reports. Injuries add anywhere between $26,000 and $162,000 to the bill.

So if you’re worrying about attorney fees, start by understanding what the key factors are that determine this fee:

  • The reputation and experience of the lawyer
  • The complexity of the case (whether a commercial vehicle is involved, if there are multiple parties that can be held accountable)
  • The severity of your injuries
  • The ways the respective Beaumont law firm structures its fees

Common Fee Arrangements

Most lawyers choose one of two approaches to structuring their fees – the conventional and the contingency-based approach.

Conventional Fee Structure

This is the way that any lawyer will charge their clients. Conventional fees usually involve an hourly payment for the amount of time that the attorney has dedicated to the case.

Usually, clients will also have to cover additional expenses as these occur over the course of the personal injury claim filing.

Contingency Fee Structure

This is a payment option that many Beaumont law firms have started offering to their clients as an alternative to conventional fees.

you will need a lawyer if you want fair compensation after a car crash

The agreement in this scenario is that the client will pay the attorney only if the case has a favorable outcome in the form of a just settlement. Whenever the contingency fee structure is employed, a Beaumont car accident lawyer will receive a share of the settlement amount they’ve managed to negotiate with the insurance company.

Usually, the contingency fee comes in the range of anywhere between 30 and 40 percent of the settlement amount. For a case that settles quickly and is easy to resolve, the lawyer may decide to charge as little as 25 percent.

Some Additional Expenses to Keep in Mind

Apart from thinking about the lawyer fees, you may have to account for some additional expenses.

Such spending may be needed in more complex car accident cases that take longer to settle. Depending on the specifics, you may be asked to pay for:

  • Court filing fees
  • Expert witness fees
  • Investigation expenses
  • The cost of obtaining medical records, police reports, and other documents that will serve as evidence

You need to talk to your Beaumont car accident lawyer about these expenses. In some instances, these fees will be covered by the settlement amount that the lawyer secures. Other attorneys, however, could ask for an upfront payment to cover these expenses.

Hiring a Car Accident Lawyer Makes Financial Sense

While you may be worried about additional expenses, examination of real personal injury claims suggests that people who have a legal representative tend to secure better settlements.

An insurance company is a profit-making organization. As such, it’s interested in minimizing payments.

If you aren’t represented by a skilled legal professional, you’ll be up against an entire team that’s focused on paying you a smaller amount than what you actually deserve. So, if you look at the grand scheme of things, hiring a lawyer makes financial sense.

Contact a Beaumont Car Accident Lawyer Today!

Do you have questions about choosing a Beaumont auto crash lawyer? Or maybe you wonder how contingency fees work? Call us now at 409-222-2222. We’ll answer all your pressing questions and you’ll also benefit from a free case review.

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