What is the Average Cost of a Personal Injury Lawyer in Los Angeles?
Personal Injury lawyers typically only charge you if they recovery money for you.
There’s a large misconception that the average person cannot afford a lawyer. The truth is, that’s a myth, at least when it comes to personal injury lawyer. The anticipated costs of using the services of a Los Angeles personal injury lawyer should never stand in your way of getting the compensation and justice you’re due. Nearly all personal injury attorneys charge a contingency fee ranging between 33.3% – 40% of your total recovery.
If you’ve been injured because of someone else’s negligence, it’s likely you’ll not have to pay a dime of up-front money.
How Much Does It Cost to Hire a Personal Injury Lawyer in Los Angeles?
In most cases, it will cost you absolutely nothing. That’s because the majority of Los Angeles personal injury attorneys use the notion of “contingency fees” to pursue a settlement or take your case to court if no settlement is possible.
The phrase “contingency fee” is a legal term that essentially means any payment is contingent on the winning of your case.
In other words, you pay absolutely nothing unless your attorney wins in court or successfully negotiates a settlement on your behalf.
Any payment that is owed is deducted from your jury award or settlement as a certain percentage; there’s no out of pocket expenses on your end whatsoever.
What Percentage Does a Los Angeles Personal Injury Take?
Each lawyer is different, but according to reports, the average contingency fee for a Los Angeles personal injury lawyer is roughly 33.3%. Often, this fee increases when the case reaches certain thresholds, such as filing a lawsuit of going to trial. A standard fee for when a case reaches the litigation (lawsuit) phase is 40%. Sometimes this fee goes as high as 45% by the time of trial. The fee increases as the expense, and risk, for the attorney increases. The majority of cases settle without a lawsuit, so most people commonly think of 33.3%, or a third, as the standard contingency fee in personal injury cases.
An easy way to remember this is to dedicate a third of the amount from your jury award or settlement will go to cover legal costs.
For example, if you received a $92,000 settlement for your injury, your lawyer would be paid about $30,666.
What’s Covered in Legal Fees?
There’s a lot of leg work that must be done in preparing to negotiate a settlement or to take your case to a courtroom.
In addition to investigating the details of your case, your attorney also has to cover any initial court filing fees, costs for securing police reports and medical records, and accommodations for expert witnesses.
Your attorney pays all of those expenses up front – whether the case is won or not.
If You’ve Been in a Los Angeles Car Accident, Call the Los Angeles Personal Injury Lawyers at Sina Rez Law.
When you’ve been hurt by someone else, the potential costs of legal fees should never prevent you from getting the help you need.
We see doctors when we’re sick, and mechanics when our cars aren’t working correctly. The same theory applies to leveraging the expertise of a Los Angeles personal injury lawyer.
As explained in this issue, your attorney takes all risks and shoulders all out-of-pocket costs – there is absolutely no risk taken by you.
While medical bills stack up and the weeks of lost wages continue, it’s easy to get further and further behind, and deeper in debt.
Because we operate on a contingency fee basis, we’re very selective of the cases we take on. If we agree to take your case, it’s because we’re confident we can win.
Free case evaluation.
Speak with a top-rated Santa Monica Personal Injury lawyer today to understand your rights before they expire. Time is of the essence.