How Much Does a Car Accident Lawyer Cost?

money - attorney costs and fees concept

If you have been injured as a result of an accident, the first few questions you may have is how much does a car accident lawyer cost and when you will need to pay attorney fees. The answer to this question can vary depending on the specific details of your case and your agreement with your attorney.

At McKinney Vos, we understand that the personal injury claim process can be challenging and confusing, especially when it comes to paying for a lawyer. That is why we are transparent about our attorney fees for injury cases.

Contingency Fees

One common way of paying car accident lawyer costs is through a contingency fee. Your attorney will only receive a payment if they can successfully settle or win your car accident case. They will typically take a percentage of the settlement or award as their fee in a contingency fee arrangement. The percentage can vary, but it is typically around 30-40% of the total settlement or award.

Retainer Fees

Another option for paying attorney fees is known as a retainer. With a retainer fee, you will pay a specific amount upfront to the attorney to cover their fees. The attorney will then bill you for additional services as the case progresses. This is a common option for more complex personal injury cases that are expected to take longer to resolve.

Flat Fees

In some personal injury cases, you may also be able to negotiate a flat fee for your attorney's services. This means you will pay a set amount for the attorney's services, regardless of the case's outcome. This is less common in personal injury cases, but it can be an option in some situations.

Other Costs Associated with Car Accident Cases

Many attorney costs associated with your case, such as court filing fees, expert witness fees, and other expenses. These car accident lawyer cost are usually not included in most attorney's fees and will be paid back by the client once the case is settled.

An attorney's fee is also separate from any expenses incurred for medical treatment or other costs associated with the case. The insurance company will typically pay these expenses as part of the settlement or award.

The Value of Your Case

If you've made it this far, you're probably wondering how much your case is worth.

Several elements must be considered when evaluating the worth of any claim, which means that your expenditures and unique damages must be assessed. Many insurance companies and judges first consider your medical bills when determining your damages, but medical bills are far from the only things used to determine the worth of your case.

Other losses that must be considered include anticipated loss of income, future medical expenses, and property damage. Some things, such as pain and suffering, have no monetary worth. These are known as non-economic damages. The resultant non-economic damages are then added to the overall value of your case.

Beware of the Insurance Company

Insurance companies are not known for providing victims with reasonable compensation. They will often do everything necessary to discredit your case and diminish or disregard it entirely.

This is when our attorneys at McKinney Vos can help you the most. We will use our negotiating strategies to assist you in reaching a fair settlement or will take your case to court. We will also prepare and present any evidence and lead you through the whole legal process.

Contact a Texas Car Accident Lawyer Today to Discuss Your Case

When choosing an attorney for a Texas personal injury case, it is important to discuss the fee arrangement up front. This will help ensure that you understand the costs associated with the case and can make an informed decision about whether to proceed with the case.

Ultimately, it is important to remember that personal injury attorney fees are just one aspect of a personal injury case. The most important thing is to work with an attorney who has the experience and expertise necessary to handle your case successfully.

At McKinney Vos, you’ll never have to write us a check for anything upfront. Once we settle or win your case, we subtract our fee from the money paid by the other side. With us by your side, you can feel confident that your case is in good hands and that you will be able to recover the compensation you deserve.

To learn more about our fees or attorney fees in general, contact McKinney Vos today.

Categories: Car Accident