Bicycling And The Law - 911law.com
Bicyclists Guide to Hiring an Injury Lawyer PART 3 OF 3
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:07:54
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Sinopsis
In the previous episode of this series, we talked about marketing lawyer discount scams, sketchy group referral programs, and the importance of your lawyer’s bicycling knowledge in winning your case. Today on Bicyclist's Guide to Hiring an Injury Lawyer, we will learn about contingency fee agreements. “...You want an experienced lawyer, not a discount lawyer. You want somebody that will get you the max recovery and if that requires a trial, they’ll go to trial.” - Richard Duquette What is a Contingency Fee? A contingency fee is a payment structure where you pay your lawyer’s fees out of the total recovery. That being said, if you don’t recover, you won’t pay a penny for the lawyers time. The contingency fee is often 33%, and can only go up to 40% if a lawsuit is filed. Compared to an hourly fee structure, a contingency fee is a much more consumer-friendly scheme. After all, who can afford to pay a lawyer by hour? Your 33% Goes a Long Way Your attorney advances their time, efforts, and resources so they c