How Much Does a Personal Injury Lawyer Cost?
Knowing how much a personal injury lawyer costs can help you choose the right law firm for your particular case. At Linley Welwood, we understand how stressful personal injury cases can be for some people. That is why we offer a selection of personal injury law services that are designed to help relieve some of the stress, as well as to help you get the best possible settlement.
Follow these simple tips for preparing for a consultation with a personal injury lawyer.
Types of Personal Injury Lawyer Fee Arrangements
Before hiring a personal injury lawyer to handle your case, it is important to have a clear idea of how much you will have to pay for their services. Some of the different ways a personal injury lawyer may choose to charge for their services include:
Contingency Fees
In most cases, personal injury lawyers work on a contingency fee basis in which you will not have to pay for their services upfront. Instead, the lawyer will take a percentage out of the settlement, if the event that one is awarded. Contingency fees usually fall between 27-40% of your settlement, with the standard being around 33%.
Find out what happens if you lose personal injury lawsuit.
Hourly Fees
While most personal injury lawyers tend to work on a contingency fee basis, there are some circumstances where the work may be completed on an hourly fee basis, such as a liability reversal without injury. Choosing to work with a lawyer who charges by the hour means that you will be billed for every hour the lawyer spends on your case, whether you win or lose.
Retainer Fees
In cases where you are paying an hourly fee, the personal injury lawyer will most likely ask you to a retainer fee at the beginning of your case.
Are personal injury settlements taxable in Canada?
Additional Expenses
It is important to note that there are additional costs with pursuing a personal injury claim, such as court fees, hiring expert witnesses, and other expenses that will occur over the course of your personal injury case. If you hire a personal injury lawyer, the lawyer will most likely cover the costs upfront for you and will carry any expenses until the claim has been settled. If you do not hire a lawyer, you will be responsible for covering any expenses on your own until a settlement is reached.
If you would like to learn more about how much a personal injury lawyer costs, or if you are interested in one of our legal services for car accidents, business law, family law, real estate, serious injuries, and wills, estates, and trusts, please contact Linley Welwood at 604-850-6640 or by filling out a contact form on our website.
