What percentage do personal injury lawyers take? You’ve probably heard the phrase in personal injury lawyer ads: “You don’t pay us unless we win.” At first glance, it might sound too good to be true—but it’s not a gimmick. This promise refers to a payment structure known as a contingency fee.
What is a Contingency Fee?
A contingency fee is a payment arrangement where a personal injury lawyer is paid only if they win or settle your case. If they don’t secure compensation, you pay no legal fees.
The lawyer typically takes a percentage of the settlement or trial verdict, which can vary based on factors like:
- The complexity of the case
- The severity of injuries
- The lawyer’s experience and track record
- The jurisdiction where the case is handled
In some states, there are caps that limit how much a lawyer can take, either by specifying a set percentage or using a sliding scale based on the settlement or award size.
This arrangement allows clients to pursue legal action without upfront costs, while ensuring the lawyer has an incentive to win or settle the case for the best possible outcome.
What Percentage do Personal Injury Lawyers Take?-Typical Contingency Fee Percentages
Personal injury lawyers typically charge around 33% of the total amount recovered, though it can range from one-third to 40%. The exact percentage depends on whether the case settles out of court or goes to trial—settlements generally have lower fees, while trials may result in higher fees.
Contingency fees usually cover only the lawyer’s services. Additional costs, like police reports, medical records, court filings, expert witnesses, and investigative services, are often deducted from the settlement or verdict.
What Percentage do Personal Injury Lawyers Take?- Other Types of Contingency Fee Arrangements
Not all contingency fee agreements are the same. Some lawyers use a partial contingency fee arrangement, where they combine a lower percentage with an hourly rate for certain parts of the case.
Another option is a sliding scale fee structure. In this arrangement, the percentage the lawyer takes depends on how early the case is resolved. For example:
- 30% if the case settles before a lawsuit is filed
- 35% if the case settles after a lawsuit is filed
- 40% if the case goes to trial and the client wins
This sliding scale is often used to incentivize a quicker resolution, benefiting both the client and the lawyer.
Benefits of Contingency Fees for Clients and Lawyers
The contingency fee structure offers several benefits for both parties:
- For clients, it makes legal representation more accessible, particularly for those with serious injuries or limited financial resources. You don’t have to pay upfront fees, and you only pay if the lawyer wins your case.
- For lawyers, contingency fees align their compensation with their performance. They have a strong incentive to work hard for a successful outcome since their payment is tied to the result.
Ultimately, a contingency fee arrangement creates a win-win situation: clients can afford quality legal help, and lawyers are motivated to get the best possible outcome for their clients.
Need Legal Help? Contact Florida Injury Lawyers
If you’ve been injured in an accident in Florida and need legal assistance, contact Fletcher Injury Lawyers for a free consultation. Our experienced team will review your case and help you understand your legal options.
Fletcher Injury Lawyers
7711 N Military Trl
Palm Beach Gardens, FL 33410
Tel: (561) 291-8222
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