Specializing in personal injury law and trials, Rose Sanders Law Firm is well placed to advise clients across Texas. As part of its new report on contingency fees, it highlights what a client can expect to pay, alternative options, and ways to afford legal expenses and fees.
Read the report in full at https://www.rosesanderslaw.com/blog/2021/09/how-does-a-contingency-fee-work
The new report can help those who have been in a car accident. Particularly if it was not their fault. Rose Sanders Law Firm states that a contingency fee is different to a typical agreement with a lawyer, which might include an hourly rate or fee.
As highlighted in the report, a contingency agreement typically allows the client to pay once an amount has been awarded to them. This could mean the attorney will not receive a fee if they cannot secure a settlement for their client, whether it goes to trial or is resolved out of court.
Transparency is a key part of the service Rose Sanders Law Firm provides, which is also reflected in its latest report. For instance, it states a client can expect to pay a personal injury lawyer contingency rate of between 25 to 40 percent.
But this figure depends on the complexity of the case. The report also includes the benefits of going to trial rather than settling out of court. An example highlighted is the fact an individual may receive more in damages if their case goes to trial.
Alternative options are also available. Rose Sanders Law Firm states a retainer could be one option for clients. This would mean an upfront cost. But a final contingency fee could be negotiated, and a flat-fee arrangement may be possible depending on the severity of the case.
A company spokesperson said: “It is essential to understand the fee structure for your lawyer – for example, whether they take their money from the total settlement or net. Some law firms will try to take the contingency fee from the gross (total) amount of your compensation before expenses are taken.”
“This increases the amount they receive but does not account for the costs of the expenses,” they added.
Interested parties are encouraged to visit this link to find out more https://www.rosesanderslaw.com/blog/2021/09/how-does-a-contingency-fee-work
Rose Sanders Law Firm
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