How much does it cost to hire a personal injury lawyer?
A: Most reputable personal injury law firms, including Kantor LLP, operate on a contingency fee basis. This means that the lawyers are only compensated if your injury claims are successfully resolved. Essentially, they're taking on the risk of your case, and their payment is contingent upon winning a settlement or judgment in your favour.
At Kantor LLP, we further ensure our clients' peace of mind. We cover all essential costs of your case, such as obtaining medical reports, court fees, and expert assessments. This approach ensures you don't have to worry about upfront expenses, allowing you to focus on your recovery.
Clients are only required to fulfill their financial obligations once their claim is resolved. This means that if, for any reason, there's no favourable outcome in your case, you have no financial obligation to the firm. It's a testament to our commitment to achieving the best possible results for our clients while alleviating any financial concerns.
It's worth noting that while some lawyers might ask for a retainer upfront, it's rare for personal injury lawyers to charge on an hourly basis. This benefits clients who might not have the means to pay significant fees upfront. Contingency fees typically range from 25-40% of your net settlement after expenses are deducted. On average, most lawyers charge around 33%.
In addition to the contingency fee, some law firms might charge additional fees related to your case. These could include costs for obtaining medical records, delivering subpoenas, court fees, and other document-related expenses. Discussing these potential costs with your lawyer to ensure transparency is essential.
While considering legal fees might be daunting, the structure adopted by many personal injury law firms, including Kantor LLP, is designed to prioritize the client's best interests. By operating on a contingency fee basis, these firms demonstrate their commitment to their clients, ensuring they receive the justice and compensation they deserve without the burden of upfront costs.