Most personal injury lawyers work on a no win, no fee basis. Essentially, this means that your lawyer will not charge you their full fees unless they win your case. This practice began as a way to motivate the injured party to seek help in resolving their case, regardless of their financial status.
High legal fees are a huge deterrent for many people, and it prevents deserving parties from seeking the financial help they’re entitled to.
Thankfully, the introduction of the no win, no fee practice made it possible for anyone who has been injured to seek the appropriate financial and legal compensation.
When looking for a personal injury lawyer, be sure to discuss the no win, no fee policy with them. While most personal injury firms do have this practice, it is important to go over all of the details. Reputable firms will listen to your concerns, make sure that you are completely informed of all legal proceedings, and have completely transparent services, with no loopholes.
The no win, no fee contract
Once you’ve decided on a personal injury lawyer, you’ll need to sign a No Win, No Fee contract. This contract will detail exactly how much money your lawyer is entitled to if you win the case, and specify in writing that you will not be expected to pay the fees if you do not win the case. Having a contract is imperative, as it holds both you and your lawyer accountable, and ensures there will be no misunderstanding over payment amounts, regardless of the outcome of the trial.
How much will my lawyer take?
If you do win your lawsuit, your lawyer will take their payment from your settlement after all of their services have been completed. This amount is typically a quarter of what you win, but each lawyer has their own expected fees. You pay absolutely nothing up front, which we understand is especially important when you are dealing with high medical bills.
The amount of money that you owe your lawyer if you win the suit will be specified in your contract agreement ahead of time. Most personal injury lawyers will not take your case unless they are confident that you’ll win, so you can rest assured knowing that your settlement has a great chance of succeeding.
If your lawsuit is unsuccessful, you will not be charged any fees from your lawyer. However, you may still be responsible for some other fees related to your case, which are specified ahead of time in your contract, and can be negotiated according to your budget.