Ask a Car Accident Lawyer: What Percentage Do Most Lawyers Take From a Settlement?

If you've been in a recent car accident, then you may need compensation to pay for your medical bills, pain and suffering, and other damages, such as damage to your vehicle. However, it's often the case that insurance companies will try to deny your claim, so you will need the help of a car accident injury lawyer in San Antonio to help you get the compensation you deserve.

Ask a Car Accident Lawyer: What Percentage Do Most Lawyers Take From a Settlement?

Buscando en abogado de accidente de auto en San Antonio?When you find a lawyer, you may be wondering how to pay for legal services. Most of the time, your legal fees can be paid with your settlement when you win your case. This is called the contingency fee, which can range from 25% to 33% of your settlement based on your car accident case.

Although 33% of your settlement seems like a large chunk, you should remember that your lawyer will be putting in many hours of work to help you get the compensation you need to pay for medical bills and other damages. If you aren't happy with the contingency fee percentage offered by your lawyer's firm, you can ask about alternative forms of payment.

What Do Contingency Fees Pay For?

You should ask your lawyer about how contingency fees are calculated and whether you will have to pay additional legal fees in addition to any contingency fees.

In general, when you hire a car accident injury lawyer in San Antonio, you can expect your contingency fee to pay for all expenses related to your car accident case. For example, your contingency fee will pay for the billable hours that your lawyer worked on your case, any investigation fees, and filing fees for legal documents. Contingency fees can even compensate for certified mail costs.

How Can a Car Accident Injury Lawyer in San Antonio Help You?

Usually, you will need to hire a lawyer to help with your case because you are having trouble with an insurance company. Half the time anyone files a claim with an insurance company after a severe accident, the insurance company is likely to give a lowball offer that does not provide compensation for all injuries and damages. A few reasons to hire a lawyer include:

Assess Your Settlement Offer

One of the things your lawyer can do is assess a settlement offer from the insurance company. When you receive a settlement offer, the best thing you can do is contact a lawyer who knows to determine whether the settlement offer will pay for all expenses related to your injuries and damages.

If your lawyer decides that the insurance company has given you a lowball offer, your lawyer will recommend that you enter negotiations for a better settlement. This will mean that you reject the first settlement offer - but don't worry, rejecting the first offer does not mean you are rejecting all possibility of compensation.

Negotiate a Better Settlement

When it's time to negotiate a better settlement for your car accident claim, you will need to convince the insurance company that your injuries and damages are serious. Your lawyer will be able to negotiate a settlement that will fully compensate for your injuries and damages, whether you're negotiating a settlement with your own insurance company or with the insurance company of the other driver.

Shield You From the Other Insurance Company

The insurance company of the other driver may repeatedly contact you, but this isn't always a good thing. If an insurance company has contacted you, it's best to stay cautious and avoid saying anything that may later disprove your claim. For example, you should avoid using the phrase "I'm fine" and avoid talking about the accident in detail. Having a lawyer can shield you because you will be able to redirect calls from the insurance company to your lawyer instead.

Gather Evidence to Prove Your Case

Finally, if your insurance claim cannot be settled outside of court, then it will be necessary to have a lawyer gather evidence to prove your case in front of a judge and jury. Most often in Texas, your car accident case will only advance to a court trial if comparative negligence is triggered by the other driver. Comparative negligence means that the other driver claims that you are at least partially liable for the accident, which will affect how much compensation you will be able to receive from your settlement.

When you hire a car accident lawyer, you will usually pay for these services on a contingency fee basis. Most car accident attorneys charge up to 33% of your settlement to pay for legal services. It's important to have a lawyer so that you can correctly assess your settlement offer, negotiate for a better settlement, and have protection from the other insurance company if you are being contacted.

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