What Will it Cost Me to Pursue a Personal Injury Case?
Experienced Attorneys Representing Clients in Personal Injury Cases
If you have been injured—either through a medical mistake that was made, a car accident, the loss of a loved one due to someone’s negligence, etc.—inevitably you are wondering what the trade off is between being able to bring a legal claim for any damages that you have suffered (such as medical costs), and how much it might cost you to bring this claim. Fortunately, most attorneys in this area charge a contingency fee, meaning that you won’t have to pay legal fees because your attorney’s fees are deducted from the final verdict or settlement amount. In other words, it will cost you nothing unless your case is successfully resolved.
At Levin & Perconti, we work on a contingency basis, which, in the same way, means that our fees are based on a percentage of the final settlement or verdict in your favor. In the event that we do not resolve your case, you do not pay anything. We advance all of the costs associated with litigating your case, and these are deducted at the conclusion of your case from the money we recover for you. This includes costs such as court fees, record retrieval, expert witness fees, court reporter fees, depositions and travel.
How Contingency Fees Work
While most contingency fees are between 30-40 percent, contingency fees can actually also depend upon the state you are located in, as some state laws limit contingency fees. This also applies not only directly what your attorney can collect directly from the defendant (or wrongdoer), but also the defendant’s insurance company, if they are paying out the claim for the defendant. Typically, these fees are also based on when your case settles; for example, your lawyer can receive a higher percentage of a settlement if settlement is reached after versus before filing a lawsuit.
Other Costs & Expenses
There are typically certain expenses involved in personal injury and related lawsuits, such as filing fees, experts, exhibits, copying and postage, medical records production fees, etc. It is important to note that your attorney will not only receive a percentage of the settlement amount, but they will also need to be reimbursed for any costs and expenses, and this will come out of the settlement amount as well.
How Does it Work?
What typically happens is that your settlement check is sent directly to your attorney, and your attorney then turns around and deducts their fees from that check. Your attorney will then give you a line item document explaining what was deducted, and turn over payment to you.
Contingency Fee Attorneys in Chicago, Illinois
Not only were they so professional but also so caring and thoughtful. It was very difficult going over the facts in our mother's case but they were so compassionate and understanding and allowed us to be with them every step of the way. We were able to sit in on the depositions and we were really able to see how hard they worked on our behalf.