Car Accident Lawyers: What’s the Cost?
Car Accident Lawyers: What’s the Cost?
After getting into a car accident, you might want to file a claim as soon as possible to get compensation for your damages and injuries. Doing so will help you avoid any financial burden, and you can focus on recovering and getting back to your normal life.
However, the pain and the discomfort might not allow you to file a claim or get updates about it, even if you do. In such a scenario, it is better to get the services of a Beaumont auto accident lawyer that can guide you and even look after things for you.
The main reason people don’t take the services of an attorney is that they believe it will cost them a lot. So, we will discuss the most prevalent fee agreement method to help you get an idea about the cost of hiring an attorney for your car accident case.
Contingency Fee Agreement:
Many lawyers take car accident cases and sign a contingency fee agreement with their clients. The contingency fee agreement is usually common when an individual is looking to get monetary compensation for their damages.
You won’t have to pay any fees upfront and won’t have to pay anything if you don’t get any compensation. If the lawyers win the case and are successful in getting you a financial settlement, they will charge a fixed percentage from it.
The thing about a contingency fee agreement is that it does not put too much burden on the victim. If their attorney gets compensation for them, the client wouldn’t have to pay from their pockets. Instead, their fees will come out from the compensation they will receive for their claim.
It presents a win-win situation for you since the case can continue while you recover and heal from your injuries. Most importantly, the attorney will only accept your case if they believe you have a fair chance of winning the case. Therefore, you can know if you have a strong case to get compensation for your injuries when you walk into a contingency fee arrangement.
It is vital for the client and the lawyer to decide on a fee agreement and have clear terms of agreement before finalizing the deal. As a result, there is no confusion between you and your attorney after you receive the settlement amount.
Other Fee Arrangements:
Besides the contingency fee agreement, there are other methods that your attorney can choose for your case. However, lawyers rarely use them for auto accident cases in Texas since they come with some complications. Let’s go over them in detail:
Usually, the law firm or the attorney working on your auto accident case can charge you a fixed hourly rate. They can multiply it with the total number of hours they have worked on your case and then bill you accordingly.
This fee arrangement is pretty straightforward to understand, but it might not be suitable for the clients. Therefore the lawyers only tend to use the hourly fee arrangement model for a specific task, such as writing or responding to a draft letter.
Retainer Fee Arrangement:
Another common fee arrangement method lawyers might choose for an auto accident case is the retainer with the contingency fee. The lawyer might charge you a small amount upfront for the engagement of their services and then agree on taking the rest of the payment from the compensation as per the set percentage.
However, the retainer fees will be deducted from the final payment to the attorney. For instance, your attorney can charge you $1,000 upfront with a contingency fee agreement at 30%.
So, let’s say if you receive the final settlement amount of $40,000, then the attorney will get $11,000 ($12,000 – $1,000) in contingency fee. This way, lawyers receive some payment for their work without putting too much financial constraint on their clients.
Is It Worth Getting a Beaumont Auto Accident Lawyer?
The laws regarding auto accidents can differ from state to state, and knowing the statute of limitation in Beaumont, Texas is imperative for your case. It will help you know about the time limit you have to file your auto accident claim in Texas.
Not everyone has comprehensive knowledge and understanding of these laws, and they might not be able to deal with the insurance companies. The insurers can use it to their advantage and lowball the victims to accept a lower deal.
You will have to engage a lawyer to deal with your insurance provider if they try to offer lower compensation than what you deserve. Again it will require you to have a sound understanding of the laws regarding the auto accident to make a strong case against the judge or the jury.
Therefore, having a Beaumont auto accident lawyer can give an advantage. They can negotiate on your behalf with the insurance company and fight your case in court.
Other Benefits of Personal Injury Attorneys:
In addition to the above points, working with an auto accident lawyer can open you to many benefits. Below are just a few advantages of working with an attorney for your case:
- It increases the chances of you getting a higher compensation
- The lawyer will bring experience and knowledge about the laws in Beaumont regarding the case
- They will know where to look for supporting evidence to make your case strong
- You can save time since you can take a rest while the limitation moves on
- You won’t have to deal with filing the documents and dealing with formalities
Benefit From the Services of an Experienced Beaumont Car Accident Lawyer:
Car accident settlement amounts differ from case to case. Finding an exemplary team of Beaumont personal injury attorneys can help you set the right tone for your case. If you have an auto accident claim and need legal representation, you should take the services of our law firm. The attorneys at Brent Coon have years of experience when it comes to dealing with auto accidents or other personal injury cases.