How Much Does a Phoenix Personal Injury Lawyer Cost?
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If you are worried about the cost of hiring a personal injury lawyer, you’re not alone. Many people decide not to move forward with valid legal claims that could potentially settle or win at trial for thousands of dollars, solely because they believe the upfront legal costs will be prohibitively expensive. However, most personal injury lawyers are actually very affordable because they charge what is known as a contingency fee.
If you or a loved one has been injured in an accident, call Zinda Law Group at (800) 863-5312 for a free consultation with one of our skilled Phoenix personal injury lawyers.
What Is a Contingency Fee?
Contingency fees have significantly lowered the cost of hiring a personal injury lawyer. Lawyers who charge contingency fees will not charge you a fee if your case is not awarded anything, but will collect a portion of your award if you win at trial or successfully settle.
Typically, a lawyer who charges a contingency fee will charge around 30 percent of whatever your award is. For example, if your case settles for $10,000, your lawyer would take $3,000 from this amount as their payment, and you would still receive $7,000.
What Are the Benefits?
This type of payment plan is especially helpful for a client who has a meritorious case but lacks in resources. Lawyers who charge hourly rates can work for thousands of hours on a case, and even if that case loses at trial, the client may still be stuck with a high bill. However, a contingency fee allows clients from any background to be able to afford an experienced lawyer, without breaking the bank.
Many personal injury lawyers will also cover the costs of preparing your case, and rely on a higher contingency fee to cover this amount. There are a lot of hidden costs in trying a case. These can include expert retainers, court filing fees, private investigator costs, and more. These expenses can pile up, but if your lawyer charges a contingency fee, you will not have to worry about shouldering any of these costs up front.
What this all means is that a personal injury lawyer could cost you nothing up front, and can still help you walk away from a successful lawsuit with a sizeable amount of money. However, it is still important to do your research before you choose a lawyer who charges a contingency fee. There are many personal injury lawyers out there, but before you hire one, you should consider whether that lawyer charges the type of fee that is fair to you, and whether he or she has the type of experience and track record you need in order to succeed with your lawsuit.
Our Phoenix Injury Lawyers Can Help
At Zinda Law Group, our Phoenix personal injury attorneys have helped countless injury victims seek compensation for damages stemming from an accident, including medical bills, lost wages, property damages, pain and suffering, and more.
If you've been hurt, we have the experience, knowledge, and resources necessary to maximize your injury claim. Call us today at (800) 863-5312 for a free consultation with one of our skilled Phoenix personal injury lawyers. Meetings with attorneys by appointment only.