When people think of lawyers, the first thing that comes to mind are visions of high fees and few results. On the contrary, not only are personal injury lawyers affordable but implementing them often leads to faster results and less stress for the claimant. When it comes to hiring an injury lawyer, studies show that cases where the claimant has legal representation result in higher compensation payouts.
Contingency Fee Agreements
Contingency fee agreements are when lawyers agree to be paid the partial or full amount for their services if and when the claimant receives some form of compensation. Lawyers who make these agreements will take a previously agreed upon portion of the total compensation in exchange for their services rather than their normal rate.
This is a favourable agreement for injured individuals who may not have enough money to pay a partial or full lawyer fee. If you’re in a rough spot financially, you should still have the right to legal representation. Contingency fee agreements not only ensure you can pay your legal fees but encourage your lawyer to perform to the best of their abilities.
What Do You Pay If You Win Your Claim?
If you’ve made a contingency fee agreement, lawyers will typically take a third of what you win in compensation. If you lose the case, the lawyers will take nothing for their time spent working on your file. This is a great method for securing yourself against losses from legal representation. However, if you believe that the lawyer’s fees bill hourly will be less than a third of what you’ll win, you could end up with more without a contingency agreement.
Lawyers are required to disclose on their website the maximum percentage they charge. They cannot charge more for fees than what you recover. There are many factors that lawyers are to take into account in determining the percentage they will charge including the actual time expended working on the matter, the legal complexity of the matter, the results achieved, and the risk assumed by the firm. Some of these factors are hard to predict at the outset of your case so at times the percentage is reduced depending on how these factors played out in your case.
If you are not happy with the amount the lawyer has charged, you have the ability to have the account assessed with the Superior Court in accordance with section 28.1 of the Solicitors Act 1990 within 6 months of delivery of the account to you.
The Benefits Of Hiring A Personal Injury Lawyer
Personal injury lawyers save people time and money on lengthy claim cases and provide them with the legal representation they need and deserve. Sometimes in personal injury cases, the odds are stacked against the claimant due to the liable party having better legal representation. Personal injury lawyers can level the playing field and ensure a fair payout.
Not only are you more likely to win your claim and receive more compensation with a lawyer, but you’ll also have somebody by your side walking you through a potentially confusing process.
Looking For An Experienced Personal Injury Lawyer In Hamilton? Call Virk Lawyers!
Here at Virk Lawyers, we have skilled professionals who specialize in accident and injury law, and we’re here to help. We understand that some people can’t pay right away, which is why we offer contingency fee agreements to our clients to ensure everyone who needs legal representation receives it.
If you’re in or around the Hamilton area and require a personal injury lawyer, then contact us today and book your free consultation. We’ll provide you with the guidance and resources to get you through your claim and win you the compensation you deserve. Contact us today!