What is a Contingency Agreement?
Most personal injury firms provide legal services on a contingency basis. A contingency agreement with your lawyer means that you won't have to pay upfront, out-of-pocket costs. Your attorney will only get paid when your case is settled and you recover compensation. Read on to learn more about how the process works.
The Contingency Agreement Process
When your truck accident claim settles, your attorney will take the agreed-upon percentage of your compensation. The amount your lawyer will receive depends on the complexity of your case, the severity of your injuries, and litigation costs associated with your claim. Litigation costs may include:
- Court fees
- Expert witness fees
- Administrative expenses
- Deposition costs
What is Included in a Contingency Agreement?
Contingency agreements are typically added to your retainer agreement. Your lawyer will explain everything you need to know about what's included in your contingency agreement, including how the fee is calculated and any expenses that you may be responsible for.
The Benefits of Hiring a Truck Accident Lawyer on Contingency
Hiring a truck accident lawyer for your claim has many benefits. Not only will you ensure your rights are protected, but your attorney will also be able to negotiate the best possible settlement with the insurance company on your behalf. Here are some ways contingency agreements can be beneficial to you:
- It's an affordable option to receive legal representation.
- Your lawyer will only get paid if your case is won.
- You can focus on healing from your injuries without the stress of dealing with the insurance companies.
Receiving Compensation After a Truck Crash
Because of a truck's massive size and weight, smaller passenger cars involved in a truck crash can mean life-threatening consequences. When the careless actions of a driver or other entities cause you to sustain catastrophic injuries, you have the right to hold them accountable. Our team of truck accident lawyers is prepared to fight for the compensation you deserve. Speak to an experienced car accident attorney at our firm today to learn your rights.
Contact Denver Trial Lawyers® today at (303) 647-9990 for a free consultation. There are no fees unless we win.