You have probably heard and seen the advertisements inviting accident victims to hire a personal injury lawyer without paying any money. These arrangements, known as contingency fee agreements, are popular with several types of lawyers because they benefit victims. To learn why this way of handling legal fees is the go-to for so many, read on.
Different Ways to Pay Legal Fees
Lawyers, even personal injury lawyers, may offer their clients a choice in how payments are arranged. Some lawyers charge by the hour. The client provides a retainer, which is an upfront payment, and the lawyer bills for their services from the retainer. Other lawyers charge a flat fee for services. For example, a personal injury lawyer might charge a flat rate of $1,000 to handle a slip and fall accident. However, by far the most common way personal accident lawyers charge is using a contingency fee plan.
The Benefits of a Contingency Fee Plan
This plan means victims can wait until later to pay for their legal services. Here are a few benefits to this type of payment arrangement:
As the advertisements state, you can get legal help without any upfront money. Many personal injury lawyers will discuss your case at no charge so speak to a lawyer or their firm—such as Endres Law Firm—to find out more.Share
9 August 2022
While I took a few business classes in college, I left early to start my own business. I thought I had the knowledge I needed to become a great business owner and was eager to start my business. Soon, I had a new business that was actually performing pretty well in sales. Unfortunately, I hadn't taken any law courses in college, and I soon realized I made a few mistakes when starting my business that could cause me some legal trouble. Thankfully, a great business lawyer helped me correct my mistakes before I had any legal problems, but I then decided to take those business law courses. I want to help business owners and anyone else who would like to learn more about the law by starting a blog where I will share what I have learned and will continue to learn. I hope I can help you!