How Does a Contingency Fee Work? | Denver Injury Lawyers
Personal injury lawyers represent victims in motor vehicle accidents, slips and falls, medical malpractice cases, and other types of injury claims. Many attorneys in other areas of law charge an hourly rate for their work, which can easily reach several thousand dollars or more by the time a case is concluded. However, personal injury attorneys do not charge by the hour for their work. Instead, they work on a contingency fee basis. At Zinda Law Group, our Denver personal injury attorneys do not charge a dime for our work unless we win your case.
In a contingency fee arrangement, the attorney is paid at the end of the case. The accident attorney’s fee is a certain percentage, generally one-third, of any settlement or jury award that the client receives. If the client does not prevail in the case, the attorney does not receive the fee.
Without a contingency fee arrangement, many injured victims would not be able to afford a Denver personal injury attorney. Personal injury victims have likely already accumulated thousands of dollars in medical bills, lost wages, and other damages. They may be facing months of additional medical care, and in extreme cases, they may need to pay substantial sums of money to have wheelchair ramps or other alterations made to their homes.
In addition to helping a client afford legal representation, the contingency fee arrangement ensures that the personal injury attorney has a vested interest in the case. Knowing that payment depends on the success of the case, the personal injury attorney will work hard on behalf of the client to ensure all avenues of recovery are properly pursued.
How Much Is My Personal Injury Case Worth?
Determining how much a case is worth requires a careful examination of all of the evidence in the case. The process may take weeks, or even months—especially if the victim is still undergoing medical treatment for injuries sustained in the incident.
The value of a personal injury case depends on the severity of the victim’s injuries, the conduct of the individual who caused the injuries, and specific characteristics of the victim.
For example, if a drunk driver hits a family traveling on vacation, paralyzing a young child, the case will likely be worth a substantial sum of money. The drunk driver’s conduct was especially reckless and egregious, and the child’s injuries are permanent and serious. Additionally, the child is young and will now have to spend the rest of his life paralyzed.
In contrast, a case in which an adult male suffered a broken leg when another driver ran a red light may not be a substantial personal injury claim because the victim will likely make a full recovery from his injuries. Though running a red light is in violation of traffic laws, it is not as egregious as drinking and driving.
Hiring a Denver Personal Injury Attorney
To maximize the amount of damages you receive, it is important to hire a Denver personal injury lawyer as soon as possible after you are injured. Your accident attorney will work hard to prove the extent of your injuries and how the negligence of the at-fault party caused them. Meanwhile, you will be able to focus on recovering from your injuries.
Why Zinda Law Group?
At Zinda Law Group, our Denver personal injury attorneys handle accident cases of all types, no matter how big or small. We have the experience and resources necessary to prosecute a case to its fullest extent and to help you seek the maximum compensation available under the law. Contact us today at 800-863-5312 for a free consultation about your case. Meetings with attorneys by appointment only.