Fortunately, you can afford to retain an experienced car accident lawyer to settle your pedestrian collision claim with the negligent driver’s insurance company. Most attorneys in Virginia handle these cases on a contingency fee basis. Here is what you need to know about how you would be charged attorney fees in your case.
How Do Contingency Fee Agreements Work?
If your lawyer charges their fees for handling your pedestrian accident claim on a contingency basis, you would not owe any upfront attorney fees. Here is how a contingency fee agreement would work:
- You would only owe attorney fees if your lawyer was able to settle your claim or won your case at a jury trial.
- Your attorney would charge you a percentage of your settlement or judgment as their attorney fees. The typical fee is 33 percent, but it could range from between 20 and 40 percent of your award.
- The attorney fees you owe would be deducted from your settlement or judgment proceeds before you receive your check.
Will You Owe Other Costs and Expenses?
You will also be charged any costs and expenses incurred in your case. These include the costs to obtain medical records and the police report, expert witness fees, court reporter fees for depositions, filing fees, and other costs if your claim must be litigated.
You may have to pay for these expenses upfront, or your attorney could pay them and deduct them from your settlement. Your lawyer should explain how they charge their attorney fees and these expenses at your initial consultation. If you agree to hire them and they agree to take your case, you should sign a retainer agreement stating what you will owe and how the attorney will be paid.
Are There Other Considerations You Should Think About When Deciding on a Pedestrian Accident Lawyer?
When you are deciding which lawyer to hire to handle your case, their attorney fees should only be one consideration in making your decision. You should also evaluate their experience in handling pedestrian accident claims and their track record of success in settling and litigating these types of cases. You want an attorney who is not afraid to take your case to a jury trial if the insurance company refuses to offer you a fair settlement.
Were you injured in a pedestrian accident in Norfolk or Virginia Beach? Call our Norfolk office at 877-960-3441 or complete our convenient online form to schedule a free initial consultation today to learn how we can assist you.