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How does a personal injury lawyer get paid for handling a claim?
Personal injury lawyers, the professionals who handle cases of clients injured in a motor vehicle accident, can work for hourly fees, but more often they provide legal services on a contingency basis. That means the personal injury lawyer takes as compensation a portion of the settlement or award made in your case. The maximum chargeable by a lawyer for these types of claims is 33.3%.
Typically, fees are in the 20%-30% range depending on a wide variety of factors including the size of your claim, whether liability is disputed, and the complexity of your case. While many personal injury lawyers will offer a free consultation to assess your case, they are unlikely to tell you the value of the claim without having the opportunity to review the medical and other evidence, which typically would require the lawyers formally representing you. |
