How Much Does a Personal Injury Attorney Cost?
Typically, personal injury attorneys work on a contingency fee basis. A contingency fee means that the attorney does not charge anything for representation unless you receive a settlement or judgment for your case. In other words, you pay nothing unless you win your case. The percent of the contingency fee varies, usually depending on where you are in litigation when your case is resolved. For example, if the lawyer writes a demand letter and the case settles, most likely, this will be a lower percentage than if the lawyer takes your case to trial. The contingency fee is commonly a structured approach based on the progress of litigation.
Other costs that you may have after the case is resolved are the expenses of litigation. Most personal injury attorneys will front the cost of litigation, but upon recovery, the expenses will be deducted to reimburse the attorney. However, if you do not recover anything in the litigation, the attorney will absorb those costs. Expenses may include: photocopies, filing fees with the court, long distance phone calls, faxes, mailings, travel and lodging, and other costs associated with your case.
During your conversation with your attorney, it is important to discuss all expenses and fee structures anticipated with your case. Also, at the conclusion of the lawyer’s representation, make sure you receive a closing statement so you understand what all the costs and expenses were for your case. If you have any questions about anything on the statement, or disagree with any of the expenses, make sure you mention it to your attorney.
It is important that you discuss all fees and expenses with an attorney prior to hiring him or her to represent you. You want to enter into the attorney-client relationship with as much knowledge as possible.
If you are in New Mexico and require an injury attorney, please contact Bradley Law today at 505-585-4-LAW (505-585-4529)