Contingency Fee Structure in Houston Personal Injury Claims

Injuries from car accidents, workplace incidents, or even a simple slip and fall can lead to costly medical care and substantial time away from work. If you’ve been injured in an accident caused by someone else, you have the right to pursue financial compensation in the form of a personal injury claim. However, you may hesitate to consult a lawyer because you think you can’t afford representation. This is where the contingency fee structure in Houston personal injury claims applies. Contingency fees allow accident victims to get the legal counsel they need and pay for services when a settlement is reached.

Understanding Contingency Fees

The contingency fee basis is the most common fee structure used in personal injury claims. The arrangement allows lawyers to provide a free consultation and legal services to injury victims with the agreement that a fee will be paid upon winning the case. The contingency fee structure ensures injured parties with a valid claim can get the compensation they deserve regardless of their financial standing.

Advantages of Contingency Fees

Contingency fees are different from other payment structures like hourly rates and upfront fees. They offer several advantages for individuals suffering from injuries caused by someone else’s negligence, including:

• A free initial consultation to discuss the validity of your claim
• The lawyer’s payment is contingent on winning your case
• Some lawyers cover costs upfront and deduct them from your settlement
• You will agree to the percentage your lawyer obtains before moving forward with your case

How Contingency Fees are Determined

Contingency fees exist to allow injured individuals to get the legal support they need, regardless of their current financial situation. The fees collected will compensate lawyers for the services they perform on a plaintiff’s behalf. Instead of arranging a flat fee or an hourly rate, your lawyer will be paid a percentage of your settlement or winnings.

A skilled Houston attorney uses the information obtained in the initial consultation to determine the validity of your claim and the potential costs of trying your case. These factors will be taken into account when your attorney negotiates a settlement on your behalf. If you decide to proceed, you’ll sign a contingency fee agreement that details the percentage you’ll pay. Since your lawyer’s payment is dependent on the outcome of your case, it is in their best interest to get the best possible settlement.

Learn How Contingency Fee Structure in Houston Personal Injury Claims Leads to Fast Justice

If you’ve experienced an injury caused by the careless actions of someone else, you’re likely facing unexpected financial burdens in the form of medical bills and damaged property. When you should be focused on your recovery, you may be more concerned about your inability to afford legal counsel. Contingency fee structure in Houston personal injury claims is a solution that can help you get compensation for your injuries, regardless of your financial situation. If you’ve experienced injuries from an accident, don’t let your financial situation deter you from retaining legal counsel.

Many personal injury attorneys, including the lawyers at Schechter, Shaffer, & Harris, use contingency fee structures that mean they don’t get paid until after a settlement is reached. Contact us today for a free consultation to discuss your legal options for compensation.