I was injured in an auto accident recently. I spoke to a lawyer and he said he would take my case and would charge me one third of whatever settlement he is able to get me. I have tried contacting other lawyers to make sure I'm getting the best deal possible, but so far no one else has gotten back to me.
2007-12-18 06:35:48 · 7 answers · asked by tracielee_1980 2 in Politics & Government ➔ Law & Ethics
that's pretty standard. BUT, if it wasn't a big, serious accident, a lot of times you can settle with the insurance company without an attorney and save a lot of $$
2007-12-18 06:40:44 · answer #1 · answered by s and d e 7 · 0⤊ 0⤋
The contingency can be any amount you and your lawyer agree upon. It is often determined by how risky the case is -- in other words, since the lawyer won't get paid if he loses, he should get a bigger percentage for a riskier case. Assuming that litigating the cases are comparable amounts of work, a case that's a slam dunk winner should pay a smaller percentage, because there's little risk that the lawyer will do all that work for nothing.
You're following the best course. Shop your case around. And don't ignore the lawyers who don't get back to you -- they may be implicitly telling you that they don't think you have a good enough case for them to risk their work on.
2007-12-18 06:52:17 · answer #2 · answered by nycityboy1234 3 · 0⤊ 0⤋
One third for a lawyer to take a case on contingency basis is pretty typical. You are not getting cheated in any way. Do understand that you usually still have to pay fees, like filing fees, copying fees, fee for serving the summon on defendants, etc.
You either have to pay the fees as you go, or if you win, the fees get deducted first, then your lawyer get one third and you get the rest. If you lose, you will still have to pay the fees to your lawyer.
2007-12-18 06:45:08 · answer #3 · answered by Andy 4 · 0⤊ 1⤋
The maximum fee should be 33% - which should include EVERYTHING.be careful of an attorney who tries to add disbursements, where fee was almost 35%, until he reduced that fee
2014-04-26 06:37:55 · answer #4 · answered by rosie485 1 · 0⤊ 0⤋
Yes, it is a standard contingency fee. Some law firms want 1/3 if they settle and 40% if they have to go to trial.
2007-12-18 06:52:02 · answer #5 · answered by regerugged 7 · 0⤊ 0⤋
33 1/3 is the max amount in most states.
2007-12-18 07:23:01 · answer #6 · answered by withluv7 3 · 0⤊ 0⤋
Yes that sounds about right.
2007-12-18 07:14:06 · answer #7 · answered by lahockeyg 5 · 0⤊ 0⤋