In Texas, the first (and most important) step in a personal injury case is the selection of an attorney. Most importantly, personal injury attorneys work with contingency agreements. Contingency agreements are contracts between a lawyer and client that outline how much of a case’s winnings the lawyer will receive.
Clients only pay contingency fees if an attorney wins results in a case. If there is no settlement or verdict that benefits a client, an attorney will not collect money. Since an attorney’s payment depends on results, it is in their best interest to work as hard as possible for a client. So, contingency fees help ensure that a case receives proper attention.
What do Contingency Fees Consist Of?
Contingency fees are based off a percentage agreed on between a lawyer and client before work begins on a case. The percentage of an agreement should always be clear before any work starts and any contracts are signed. In some cases, additional fees will accompany a contingency fee after a trial. Additional charges are especially common during complicated or prolonged trials that require an extensive amount of evidence gathering.
Other fees may include:
- Costs of discovery
- Expert witnesses used in the trial
- Medical and public record fees
- Other costs
Why Do Contingency Fees Matter?
Contingency fees matter because they free clients from the stress of finances and unlock access to the best legal help possible. Since they do not have to search for an attorney based on their economic capabilities, a person has the freedom to obtain the legal help they need instead of the help they can afford. When a person does not need to worry about the cost of their legal assistance, they are given a fair chance at justice by choosing an attorney who will best serve their needs.
Some law firms operate on a principle of volume—they take as many cases as possible and try to settle them quickly to mitigate their costs. Other firms care for clients, take the time to investigate their case, and provide dedicated and aggressive representation which does not settle for less money than a person needs to get their life back on track.
At Arnold & Itkin, we’ve won billions of dollars for clients because we know that results matter. Contact us today at (888) 493-1629 for a free consultation to find out if our firm is the right choice for you!