Why Do Lawyers Get a Percentage of My Settlement?

Personal injury lawyers get paid a contingency fee, which means our fee is contingent on you getting paid through a settlement or in rare cases a verdict. So you don’t have to pay anything up front. You don’t have to pay anything out of your own pocket at any point in the process. Our fee comes out of your settlement or again in rare cases, uh, that you get a verdict from the judge or jury trial. So it doesn’t cost you a penny to hire a personal injury lawyer after a car crash or slip and fall. or medical mistakes. So in the beginning your lawyer or the law firm that you hire is going to make a judgment call at the very beginning based on some limited facts and hopefully some experience that they will be able to obtain compensation for you at the end because if they’re not able to get you any compensation then they won’t receive a fee. Standard percentages for personal injury lawyers are 33 and 1 third percent if your case is settled without filing a lawsuit and potentially 40 percent if the lawsuit is filed in your case the settlement afterwards, where it goes all the way to trial and you obtain a monetary verdict from a judge or jury.