I was involved in car accident. I live in VA. Another motrist hit me from the rear, I was injured and under going physical therapy and my car had some damage. I was quoted 33.3% if we don't go to court & 40% if we go to court for settlement. Are these reasonable fees?
The fees that you asked about are within the range of normal fees that can be expected in a personal injury case. Every lawyer or law firm will set their own fees.
One of the common contingency fee structures is for one third (33.3%) prior to a law suit being filed, with an increase for forty percent (40%) once the law suit is filed.Some attorneys will handle the case for lower fees, such as those indicated by Mr. Colvin. While other attorneys will handle these cases on a flat contingency of one third (33.3%) or a flat contingency fee of forty (40%) without any staggering for the filing of a law suit.
One of the other important things to understand in a contingency fee case is not just the attorneys fees but also the costs of litigation. Some firms structure their agreements so that you owe the costs of litigation, such as filing fees, expert witness fees, deposition fees, etc., even if you receive no recovery in the case, while others do not.
Also, understanding what you are going to be charged for in these fees is important. As an example, some firms may only charge you for postage of letters that exceed the cost of a regular stamp or they may only charge for certified mailings, while others may charge you for the postage on every letter they send in your case.
I hope this helps you have a better understanding of the fees in contingency fee cases.Paul GhanouniAttorney at LawLaw Office of Paul Ghanouni, P.C.221 E. Main StreetCanton, GA 30114Phone: 770-720-6336Fax: 770-720-6339www.PGLawOffice.com
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