Understanding Attorney Legal Fees: A Guide for Personal Injury Clients
by Cornelius Redmond l July 10, 2024
When seeking legal services, understanding how your lawyer is compensated is essential. The structure of attorney legal fees can significantly impact the lawyer-client relationship and the overall outcome of your case. Generally, there are two main types of attorney legal fees:
Types of Attorney Legal Fees
- Hourly Fees: The attorney is paid by the hour for the time spent working on your case.
- Contingency Fees: The attorney is paid a percentage of the settlement or award you receive. This is the standard for personal injury lawyers.
Why Contingency Fees Benefit You
Contingency fees align the interests of both the lawyer and the client. Here’s why:
- Shared Motivation: Both the lawyer and the client are motivated to achieve the highest possible settlement or verdict. The lawyer’s payment depends on it, and the client receives maximum compensation.
- Access to Top Attorneys: Lawyers who work on contingency are driven to become highly skilled in their field. They aim to win substantial compensation for their clients and, in turn, themselves and their practices. This drive results in better representation for you.
Contingency vs. Hourly Fees
Unlike hourly fees, where lawyers might be incentivized to prolong the case to increase their billable hours, contingency fees encourage efficiency and effectiveness. My goal is to secure the highest amount of money for you in the shortest amount of time, with the least amount of unnecessary work. This doesn’t mean cutting corners; it means working smarter and more effectively.
The Expertise You Deserve
The true measure of a lawyer’s skill is in the results they achieve. For example, the best lawyer in New York State, and perhaps the entire country, is Tommy Moore. Even in his 70s, he remains a formidable trial lawyer. His ability to cross-examine witnesses and present compelling cases before juries ensures that his clients receive fair and substantial compensation.
Conclusion
In personal injury law, the contingency fee structure ensures that your lawyer is just as committed to your case as you are. By choosing a lawyer who works on a contingency basis, you benefit from their dedication, expertise, and drive to secure the best possible outcome for you.
If you have any questions about attorney legal fees or need assistance with a personal injury case, don’t hesitate to contact Redmond Law Firm. Our firm is here to provide you with the best representation and achieve the compensation you deserve. Call us today for a free consultation.
