Many victims shy away from filing a compensation claim for fear of legal fees. But how much do car crash attorneys in Richmond charge? Keep reading to find out.
The financial burden that follows car accidents can be pretty overwhelming. The frustrations can pile up if you have to pay huge medical expenses.
In many cases, car crash attorneys in Richmond can recover financial compensation or fair settlement without any upfront fees. This special fee payment arrangement is called the contingency fee payment system. Let’s see how it works.
How Does a Contingency Fee Work?
Most personal injury attorneys work on a contingency fee basis. The contingency fee system allows an accident victim in a car accident case to secure legal representation without paying any upfront costs. In this system, car crash attorneys in Richmond will negotiate a certain percentage of potential compensation as their payment. Your lawyer will receive this percentage only if they are successful in recovering compensation for your personal injury claim.
Are There Other Payment Systems?
Aside from getting paid on a contingency fee basis, there are several other systems that car crash attorneys in Richmond may use. There is the per-hour payment system and the flat fee payment system.
Per-Hour Payment System
The per-hour payment system or the hourly rate system involves a payment based on the number of work hours spent on a case. The lawyer counts how many hours of work they put into your personal injury claim from start to finish. Each hour attracts a specific rate which multiplies directly with the total hours spent.
Flat Fee Payment System
The flat fee payment system is a one-time payment for legal services. You must negotiate how much your lawyer’s services will cost. You will make this payment before your lawyer can work on your personal injury claim.
To arrive at a flat fee, your lawyer estimates the total cost of your legal representation. The flat fee payment system is the least complicated. The payment system also eliminates any uncertainty over legal fees. That is, the injured person knows how much the legal service will cost from the get-go.
Do I Still Have to Pay Car Accident Lawyer’s Fees If I Lose?
The beauty of the contingency fee arrangement lies in its shared risk. Since there is a possibility of losing your bid for monetary recovery, how then does your lawyer get paid? The answer is that they don’t. Your lawyer has to win to get their fees. If they don’t, they go home with nothing.
The shared risk is also a unique element of the contingency fee agreement. In other payment systems, such as hourly and flat fees, lawyers will get paid irrespective of the outcome of the personal injury claim.
What Is the Average Contingency Fee Percentage Car Crash Attorneys in Richmond Charge?
The average contingency fee percentage is between 30-40%. However, most car crash attorneys in Richmond settle for one-third of the compensation amount, or 33.3%. However, note that each case is different, even if it is the same type of accident. Therefore, percentages can go higher than 40% and lower than 25%.
Contingency fee percentages vary with several factors. These include:
- The complexity of the case
- The experience of the attorney
- The demand for the attorney
- The attorney’s track-record
- The time required to prosecute the case
What Other Legal Fees Should I Be Aware Of?
There is a stark difference between the contingency fee and legal costs. While the contingency fee usually covers only the effort and time the lawyer spends, legal fees are additional expenses. Legal fees cover costs associated with your case and have little or nothing to do with the lawyer’s input.
Common examples of legal fees include:
- Deposition fees
- Filing fees
- Cost of phone calls and transportation
- Expert witness fees
- Postage fees
Depending on the outcome of negotiations, your contingency fee may or may not include legal costs. If your case includes legal fees, your lawyer will foot these bills for you and get a reimbursement from your compensation. If not, your lawyer will demand these fees upfront.
What Should I Do After a Car Accident in Richmond?
Your lawyer fees could reduce if you get involved in your case. This involvement begins at the accident scene. What you do at the crash scene can increase your chances of monetary recovery and reduce medical expenses.
Here are six actions to take after a Richmond motor vehicle accident.
Get to Safety
The possibility of getting hit by oncoming vehicles makes it risky to sit on the road after a car accident. Therefore, it is best to move to the roadside if your injury permits.
Call for Help
Dial 911 immediately if you can. If not, remind other persons around to do so. Calling for help will notify law enforcement and the emergency medical team. The responding police officer is responsible for writing the police report, which can help prove your claim.
Irrespective of how minor your injury seems, it’s best to let the emergency medical team attend to you. Receiving an emergency treatment may help detect internal injuries and lower your medical expenses.
Record the Scene
Take photos and record videos of the accident scene if you can.
Get Details of Witnesses
The names and contact information of the at-fault person and witnesses are helpful to your lawyer. If you can, approach these parties to obtain this information.
Hire a Lawyer and File an Insurance Claim
Search for an experienced lawyer or law firm to get quality legal representation. Also, it is important that your insurance carrier file an insurance claim immediately. Insurance companies will hire skilled attorneys to contest your claim. you must arm yourself too.
Richmond Car Accident Claims Process
The process for car accident claims in Richmond is pretty clear-cut. After the crash, you must seek medical care. Ensure that you document all receipts and proof of medical expenses while at it. Your lawyer will need these documents to argue your case.
Other documents backing up your claim include your employment records, the at-fault driver’s driving record, crash reports, and crash scene photos/recordings. Your lawyer’s job is to prove negligent and reckless driving on the part of the responsible person. Your lawyer may also need to secure eyewitness testimony of the crash.
With these records and evidence, your personal injury attorney will prepare your claim and forward it to the responsible person’s insurance carrier. Car crash attorneys in Richmond can also negotiate a fair settlement with the insurance company on your behalf.
The insurance carrier can either accept the financial responsibility for your injuries and suffering or contest your accident claims in court. If your claim must go to court, your lawyer will file a lawsuit and prepare to square off with the opposing side in court.
When Should You File a Claim After the Accident?
Barring exceptions, you must file for a financial recovery two years from the crash date. This period is called the Statute of Limitations. Any lawsuit or settlement claim beyond this period will be invalid under Virginia personal injury laws. So there’s no time to waste. Seek out qualified car crash attorneys in Richmond today.
Get Help From Our Car Crash Attorneys in Richmond
If you have been injured in a car accident in Richmond, Virginia, you may be entitled to compensation for your injuries. At CAIL, our team of experienced car crash attorneys in Richmond will ensure the person responsible for the car crash is held accountable.
Our lawyers are skilled negotiators and aggressive representatives, helping accident victims recover fair settlements. We operate a contingency fee agreement system, so we don’t get paid until you do. Reach out to us today for a free case review.
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