If you have been injured in an accident, the personal injury lawyer who accepts your case will not charge you an initial fee. Instead, the injury lawyer will work on a “contingency fee” basis. That means the lawyer will be paid only from the money they win for you. So, the lawyer only gets paid when you get paid. If the attorney is not able to obtain a settlement or award for you, you don’t owe a dime to the lawyer.
The contingency fee percentage is not set by law but can be determined by a signed agreement between you and the lawyer. Make sure to ask your attorney the firm’s contingency fee in your initial consultation.Based on our research, most Atlanta personal injury law firms charge a standard contingency fee of 33%. For example, if your case settled for $9,000, the contingency fee would be $3,000— leaving $6,000 to pay for any unpaid medical bills.
Therefore, if the injuries resulting from the accident cost you $2,000 and insurance only pays $1,000, your final settlement would be $5,000.
$9,000 (settlement)
-$3,000 (Contingency fee- 9,000 x .33=3,000)
-$1,000 (Medical Bills)
=$5,000 (Settlement paid to you)
Stokes and Kopitsky, P.A. charges a 33% contingency fee. We also provide a free consultation. Call now at 1-800-700-5050 or click here. Free Consultation
