Kibbey Wagner Injury & Car Accident Lawyers | July 5, 2024 | Personal Injury
If you’ve driven on the highways or interstates in Florida, you’ve probably seen billboards for personal injury lawyers that say things like “we don’t get paid unless you do” or “no fees unless you win.” These signs are talking about contingency fees.
A contingency fee is a type of attorney’s fee that is only collected if the client successfully recovers compensation. Many personal injury lawyers accept cases on a contingency fee basis.
What Are Contingency Fees?
An attorney’s contingency fee arrangement means their payment is contingent upon the client winning their case and recovering a financial award. Typically, personal injury lawyers charge between 30% and 40% of the client’s overall financial award.
Contingency fees are quite different from hourly or fixed-rate fees. Under those payment arrangements, the client will be responsible for paying the attorney, even if they lose their case.
Benefits of Contingency Fees
The most obvious benefit of contingent fees is that you won’t be responsible for any attorney’s fees if you don’t recover at least some financial compensation. Thus, you won’t be left with an additional cost—attorney’s fees—when you’re already dealing with medical bills, property damage, or lost wages after an accident.
Another benefit is that you won’t have to pay any attorney’s fees upfront. Rather, they are calculated and collected at the end of your case, after you recover compensation. This allows anyone to hire an attorney after an accident, regardless of their financial situation.
Finally, when your attorney works for a contingency fee, you know your interests align with your attorney’s. They won’t take your case if they don’t think it can succeed, and you don’t have to worry about them charging you for hours of unnecessary work. The more you get paid, the more they get paid.
Is It Worth It To Hire a Personal Injury Lawyer?
You may be wondering if it’s worth it to hire a personal injury lawyer. The bottom line is that hiring an experienced personal injury lawyer increases your chances of winning your case. Moreover, studies show that personal injury victims are likely to recover a higher amount in the insurance settlement or verdict when represented by an experienced personal injury lawyer.
There are benefits to hiring a personal injury lawyer beyond financial gain. A skilled personal injury lawyer will focus on your case so you can spend time focusing on your physical recovery and your life. Your attorney will review your case, gather evidence, contact the insurance provider, demand a settlement, and handle the other aspects of your case.
What Types of Damages Can You Recover in Your Stuart Personal Injury Case?
If you were injured in an accident based on someone else’s negligence in Florida, you can seek compensation for your losses. These losses are called damages. The two main types of damages in personal injury cases are economic and non-economic damages.
Economic damages are the financial losses experienced because of an accident, including:
- Medical costs
- Property damage
- Lost wages
- Loss of future earning capacity
- Other out-of-pocket expenses
Non-economic damages are the emotional, psychological, or otherwise intangible losses caused by an accident, including:
- Pain and suffering
- Mental anguish
- Disability
- Disfigurement
- Loss of companionship
Your personal injury lawyer will review your case and assess the extent of all of your economic and non-economic damages.
Contact an Experienced Stuart Personal Injury Lawyer Today
If you’ve been injured in an accident in Stuart and someone else was at fault, you may be able to recover compensation for your injuries. A dedicated Stuart personal injury lawyer can review your case and fight for your rights with no upfront costs for you.
Contact Kibbey Wagner Injury & Car Accident Lawyers For Help Today
For more information, please contact the Stuart, Port St. Lucie, or Palm Beach Gardens personal injury law firm of Kibbey Wagner Injury & Car Accident Lawyers to schedule a free consultation today.
We proudly serve Martin County, St. Lucie County, Palm Beach County, and its surrounding areas in Florida:
Kibbey Wagner Injury & Car Accident Lawyers
73 SW Flagler Ave
Stuart, FL 34994
(772) 444-7000
Kibbey Wagner Injury & Car Accident Lawyers Port St. Lucie
1100 SW St. Lucie West Blvd. Ste 202
Port St Lucie, FL 34986
(772) 247-3374
Kibbey Wagner Injury & Car Accident Lawyers Palm Beach Gardens
300 Avenue of the Champions Ste 220
Palm Beach Gardens, FL 33418
(561) 944-4000