Accidents Legal Info

How Are Car Accident Attorneys Paid – Know about it

If we don’t make a recovery for you, you don’t owe us a cent. We only get paid if we get money for you.

Were you involved in an Auto Accident in Gainesville? Now, what to do? You can hire the best lawyers available to get the compensation from the auto accident. The fighting of the case is with the skills and intelligence to beat the opponent party. The hiring of the best lawyer for the purpose is essential to get the winning results. 

Insurance companies pay defense attorneys on an hourly basis to defend Car Accident lawsuits. This means that the longer it takes a defense attorney to do a job, the more money their firm makes. In contrast, Florida plaintiff’s Car Accident attorneys, such as The Trial Professionals, are paid on a contingency basis. Contingency fee retainer agreements between attorneys and clients have been approved by the Florida Supreme Court in several areas of law. The Florida Supreme Court has outlined the fees an attorney may charge when entering into a contingency fee retainer agreement with a client. As a result, nearly all Car Accident attorneys in the state of Florida use the same fee structure outlined below.

Our contingency fee agreements ensure our clients never have to pay a cent out of their own pocket. If we are able to obtain a recovery suitable to our client prior to filing a lawsuit, or fee is 33 1/3% of the recovery. If we are required to file a lawsuit, the attorney’s fees increase to 40% as a result of the increased time and extra work required to aggressively litigate your case. As our firm advances all costs associated with our clients cases, our clients never have to worry about paying a cent out of pocket. The firm is reimbursed these costs in the event that our client makes a recovery. Most importantly, should we be unable to obtain a recovery for our client, they don’t’ owe our firm a cent for fees or costs. Our firm is only paid if we successfully obtain a recovery for our clients.

We believe contingency fee agreements help provide our clients with piece of mind knowing we are in the same boat. Our clients know that the harder we work to obtain more money for them, the more money we earn ourselves. Our fee arrangement lets our clients know we won’t leave a cent on the table, and that we will aggressively pursue our client’s claim until we and our clients are 100% convinced that we have obtained every last cent possible.

Eric
Eric Desiree is a graduate of Bachelor of Arts in Communication. He started his career as a Public Relations Officer in a law firm in Los Angeles California. Currently, he is the managing editor of ANCPR.