When it is time to look for a reputable personal injury law firm to represent you in your accident claim, your first concern may be money. Fortunately, accident attorneys are on your side in terms of economic recovery; their primary goal is to recover the full and fair compensation you deserve after being injured in an accident. However, their services are not free, which means you can expect to pay lawyer fees. Furthermore, there are additional costs that you may incur in a personal injury lawsuit aside from lawyer fees.
Continue reading to learn which costs you are likely to incur in a personal injury lawsuit and who to talk to about making an accident claim.
Most personal injury law firms offer free initial consultations so they can determine whether or not a client has a strong case. This is because these firms work on contingency. This means they only get paid if they recover a settlement for you. If they do not believe they can recover a judgement in your favor, they will not take on the case, so there is no reason to charge a client for an initial consultation.
A personal injury lawyer gets paid a percentage of the money you are awarded in judgment, either after the trial or in settlement of your case before trial. This percentage is discussed and outlined for a client when an accident lawyer decides to take on their case. From the time they take on your case to the time of trial or settlement, you do not have to pay them as you go for additional meetings or time spent working on your case. However, once you receive your judgement, you must pay out the percentage they are owed, as outlined in your contract.
After you pay your lawyer fees, there are additional fees that may be owed. You do not pay these fees out of pocket, or even as the case progresses; instead, these fees are paid out of your settlement after you have paid the lawyer fee. Personal injury lawyers may or may not front medical costs; it depends on the bar rules in your state.
The most common fees you might expect to pay in a personal injury lawsuit include:
☑ Copies of Records and Reports (i.e. medical records, police reports, etc.)
☑ Legal Research Costs
☑ Court Costs (i.e. Filing Fee, Deposition Fees, etc.)
☑ Investigators Fees
☑ Expert Witness Fees
☑ Office Expenses (i.e. Copying, Faxes, etc.)
It is vital to talk to a trusted Indianapolis personal injury law firm right away about your accident claim. They can help you choose the best course of action for financial recovery. They have the knowledge and resources to answer your questions about legal concepts and claim procedures, as well as, provide up-to-date information you can trust.