What Percentage Does A Personal Injury Lawyer Take

What percentage does a personal injury lawyer take? Does a personal injury lawyer take a part of your accident compensation? Can a lawyer claim more than half of your compensation?

If you have been asking yourself these questions, it is time that you have a look at our article. 

Before discussing in detail all about accident compensation and lawyer commissions, let us discuss a few things. 

Who Is A Personal Injury Lawyer?

Before knowing “what percentage does a personal injury lawyer take,” it is best to understand who they are. When there is a car accident, and people are injured, a personal injury lawyer is what they need. 

A personal injury lawyer will organize the key evidence from the accident. 

This is a concise list of their duties.

a. They will get in touch with the driver’s insurance company.

b. Go through the evidence to find out who was at fault for the accident. 

c. Establish a dialogue with healthcare providers.

d. Get hold of all medical information and expenses.

e. Negotiate with health and disability insurance companies to reduce the lien amount.

f. Establish favorable terms and a settlement with insurance companies pertinent to the case and defense attorneys.

When a person has been seriously injured in an accident due to someone else’s negligence, it is better to hire a professional to get you the due compensation. A personal injury lawyer will do just that.

What Percentage Does A Personal Injury Lawyer Take: Compensation Components

Let us now take a quick look at what accident compensation could consist of.

Coverage of Medical Expenditures

This may include medical bills and all other expenses of treatment coming out of the injuries caused. 

The extent of injuries will also determine the amount of the compensation.

Loss Of Companionship And Consortium

The compensation also covers any loss of companionship, affection, and intimacy that the victims may experience as a part of the accident. If a spouse is deceived or a family member is deceased by means of the accident, compensation can also be claimed for that.

Compensation For Disability Pain And Suffering

Any disability, pain, and mental as well as physical distress as a result of the accident is liable to be compensated.

Other Types Of Accidents Liable For Compensation

The victim of a hit-and-run case can also claim compensation. Any victim who has been affected in a pedestrian accident is also liable to get compensation. In case a person runs into things out of accidents, it is social that they look for medical attention first thing. Finding and recording evidence is the next thing on the list. Proper evidence can get you good compensation. However, a lack of proper evidence can lead to the lessening of compensation.

What Percentage Does A Personal Injury Lawyer Take: Mode Of Payment

How a personal injury attorney is paid is usually different. Most attorneys offer the first consultation free of charge. However, they also mostly work on a contingency fee. 

What Is A Contingency Fee?

If you are wondering “how much do lawyers make” when working as personal injury attorneys, the answer varies. This is because most of them charge a contingency fee instead of a regular fee.

As the name suggests, a contingency fee is based on a condition. The personal injury lawyer charging a contingency fee is to only be paid if the client centers or wins the case. In an accident compensation case, the personal injury lawyer will get a percentage out of the compensation awarded to the client by the court. 

What Percentage Does A Personal Injury Lawyer Take: Standard Percentage

The average fee percentage that an injury attorney will charge is 33.3% to a maximum of 40% of the compensation. A contingency fee is open a great option for people who are finding it difficult to otherwise afford legal consultation.

What Is The Sliding Scale?

Many personal injury lawyers also follow the sliding scale method as a mode of fee collection. 

In such a case, first, the attorney charges a flat fee, and additional charges are made if the case continues and complications continue as well.

So, What Percentage Does A Personal Injury Lawyer Take?

Apart from the established average of 33-40 percent of the compensation, the fee of a personal injury lawyer may vary. No two accidents are the exact same. The facts of the case, struggles of the victims, circumstances, pieces of evidence, and expenses also vary from case to case. It should also be borne in mind that fee structures change based on whether it is an urban or a rural setting. Just like the cost of living goes up in the city, this is no different. Expertise comes at a price. Most personal injury attorneys with greater experience tend to charge more from the clients. However, the chances of winning such a case in favorable terms also increase when the lawyer hired is an experienced one.