Understanding Contingency Fees When Working with a Washington Personal Injury Lawyer

When considering a personal injury lawyer in Washington, you may have questions regarding how contingency fees work and whether you can afford to work with an experienced lawyer on your claim. When working with a Washington personal injury lawyer who works on a contingency fee, you may be happy to know that you don’t have to cover your lawyer’s fees until after they have won your case and recouped compensation on your behalf.

When working with a skilled Washington personal injury lawyer, it is essential to understand that working on a contingency fee allows your lawyer to fight aggressively on your behalf so that you may recover losses due to medical expenses, lost wages, and other costs associated with your accident. Speak with an experienced lawyer at Premier Law Group during your complimentary consultation of your case for an in-depth explanation of how contingency fees may work for you.

What Is a Contingency Fee When Working with a Washington Personal Injury Lawyer?

A contingency fee is a legal agreement made between you and your lawyer that affirms that you have to pay your lawyer’s fees if he is successful in winning your case through settlements or verdicts. When you receive your compensation amount for your injuries and other expenses, your payment will come out of that lump sum. This creates a risk-free exchange for diligent representation and financial relief for you post-accident.

The fee amount is usually an agreed-upon fixed percentage of the compensation you may receive before your lawyer begins working on your case. If your lawyer isn’t successful in recovering compensation on your behalf, neither you nor the lawyer will receive payment.

Contingency fees are important in instances where a victim may be in financial hardship due to their accident. This gives them access to obtain the justice they deserve as well as financial stability through medical expenses and rehabilitation. Your personal injury lawyer will offer thorough representation after entering an agreement for future payments based on the lump sum you may be awarded. This enables you to have the best possible prospect for a successful case. 

How a Contingency Fee Works for Your Personal Injury Claim 

When you enter a contingency fee agreement with your lawyer, your lawyer may begin covering legal costs associated with your case. These fees may include:

  • Expert witness depositions
  • Court filing fees
  • Medical record copies or reports

When your lawyer is successful in obtaining the compensation you deserve, your written contract will dictate how much payment is allocated between you and your lawyer. In some agreements, the lawyer may have a range of percentages based on circumstances involving the timeline and the method in which your case was resolved. For instance, if your case ends up going to trial, it may be a higher percentage due to the time and effort it takes to take on a trial instead of a quick settlement.

An example of a contingency fee situation may be if your lawyer spent $10,000 to litigate your claim and won $100,000 on your behalf, they would collect the $10,000 first to cover the expenses needed to win the case and then allocate the remaining $90,000. If you agreed upon a 30% contingency fee, your lawyer would receive $27,000, and you would receive $63,000.

Speak with an Experienced Washington Personal Injury Lawyer at Premier Law Group

When you have been in a terrible accident that resulted in devastating injuries, you may be experiencing financial hardship. Working with a Washington personal injury lawyer at Premier Law Group enables you to pursue accountability for your losses and obtain the compensation you deserve without worrying about up-front costs. Speak with a personal injury lawyer for aggressive representation on a contingency-fee-basis, which means we will fight for a successful outcome for you and your recovery.

The legal team at Premier Law Group understands how accidents can negatively affect your daily life. Injuries can take a physical, financial, and emotional toll on victims. We offer compassionate and assertive representation on a contingency fee basis because we believe you deserve justice for the losses you’ve endured. Call us at (206) 880-7518 for a complimentary consultation or fill out our contact form.