How Does a Personal Injury Attorney Get Paid?

How Does a Personal Injury Attorney Get Paid?

Most attorneys work on an hourly basis, charging clients an agreed upon hourly fee for the work performed.  For instance, if you were to hire an attorney to represent you in a divorce or to defend you against a criminal charge you can expect to pay, on average, about $200 per hour.  Personal injury attorneys are different in this regard, as most work on what is known as a “contingency fee.”

What is a Contingency Fee?

A contingency fee is an agreement whereby an attorney takes on a case based on the agreement that if the attorney is successful in recovering damages for the client, the attorney receives a percentage of the recovered amount as a fee for services.  Most personal injury attorneys in Florida charge 33.33% of the gross recovery amount as a fee for cases where a lawsuit is not filed.  Most often the fee goes up to 40% of the gross recovery in cases where a lawsuit is filed, and the case is litigated through the court system.  For instance, if a car accident attorney recovers $10,000.00 for an auto accident client and didn’t have to file a lawsuit, the attorney fee would be $3,333.33.  In the same situation where a lawsuit is filed, the attorney fee would be $4,000.00.

It is also important to keep in mind that if an attorney pays cost for certain things throughout the case, such as: ordering medical records, postage, filing fees, expert fees, etc., the attorney is entitled to recoup those fees out of the recovery as well.  Those costs are deducted in addition to the fees paid for the attorney services.  For instance, using the example above, if an attorney is recovers $10,000.00 for an auto accident client without a lawsuit, and spent $500 in costs getting the case to the point of settlement, the attorney fee would be $3,333.33 and the attorney would also be entitled to an additional $500 out of the $10,000.00 recovery to recoup costs.

On the flip side, if an attorney takes on a case and is unable to recover money damages for the client, the client does not owe the attorney a thing.  This is true even in situations where the attorney has spent hundreds of hours and spent thousands of dollars on the case.  In many ways, when a personal injury lawyer agrees to accept a case, the attorney is betting on himself to be able to get a recovery.

Additionally, most injury lawyers offer free consultations to discuss the facts and likelihood of success of a case before signing it up.  The personal injury attorneys of Barrett Nonni & Homola are no exception.  If you or a loved one have been injured as the result of negligence, call our Tallahassee Personal Injury Lawyers today. Give us a call at 850-601-1111 or fill out our contact form for a free consultation.

I Was Just Involved in a Car Accident: What Now?

Let’s face it, no one wants to think about being involved in an auto accident. However, according to the National Safety Council, there are approximately 10 million auto accidents every year in the United States. So, chances are, at some point in your life its going...

What are my Rights in a Wrongful Death Claim?

Whenever a loved one passes away it is never an easy time for that individuals’ family and friends. Things only become more complicated when that loved one has been killed as the result of another’s negligence. Unfortunately, in addition to making funeral...

I KNOW the Other Driver was on Their Phone! How do we Prove That?

The driver that hit me was on the phone! Time after time I hear clients emphatically claim the driver of the vehicle that hit them was talking on or otherwise using a cell phone. Sometimes the client actually sees the other driver on the phone, other times the client...

How to Increase an Insurance Company’s Offer on your Total Loss Auto Claim

Automobile wrecks happen every day in Tallahassee in which the people involved do not sustain any injuries. Despite the fact there are no injuries, these same people find themselves dealing with insurance companies when trying to get repairs done to their damaged...

Coronavirus (COVID-19): Hire Barrett Nonni & Homola from the Comfort of Your Own Home

We are taking the threat of the Coronavirus (COVID-19) in Florida very seriously. Right now, people are being hurt by the threat of the Coronavirus and life as we know it has changed drastically. Let us help! We understand the fears that many people may have about...