One of the most common questions we get asked when we are taking on a new case is how the client will pay for our services. The answer is simple; we only get paid if a financial recovery is made for our clients. If they don’t get paid, neither to we. In that way, our interests are completely aligned.
But how exactly does it all work? While not all personal injury attorneys are the same, we work off of what are called contingency fees. With this arrangement, rather than paying a flat or hourly rate to the attorney, the client agrees to pay the attorney a percentage of the total amount recovered in the case, if any. In layman’s terms, our fee is “contingent” on us obtaining a financial recovery for the client. Typically, contingency fees range from 25% to 45% of the total recovery in the case.
Most all personal injury attorneys also charge for out of pocket expenses to prosecute the case such as resources needed to gather records, file documents, meet with doctors, or retain expert witnesses. Some of our competitors require clients to pay for these items up front or as the case moves along. However, at Cohn & Swartzon , we generally advance these costs and are then reimbursed at the end of the case, only if there is a financial recovery.
The major benefit of this type of fee arrangement for the client is that they will be able to obtain legal representation without paying out of pocket or hourly costs of the attorney. At Cohn & Swartzon, we only take contingency fee cases because we believe in sharing the risk of taking on the case with our clients.
We encourage you to bring your personal injury case to our accomplished attorneys at Cohn & Swartzon, regardless of the type of accident or injury you have suffered from. Contact us today and sign up for a free case evaluation!