If you are caught up in a truck accident caused by the negligent actions of the driver, employer, cargo loader, truck owner, or manufacturer, you don’t deserve to be burdened with the financial costs associated with overcoming the incident. Aside from the pain and limitations caused by potential injuries, the entire ordeal is extremely traumatic, and that’s before you start worrying about the cost of legal aid for claiming compensation. Many people believe hiring a lawyer will simply add more expense, but this simply isn’t the case; let’s take a look below.
The Cost of Hiring a Truck Accident Lawyer in California
When you begin contemplating the path of claiming damages, you’ll know how important it is to have a reputable truck accident lawyer on your side to help you make it through the complex legal system. Aside from asking questions to make sure you’re hiring the best law firm, you’ll be thinking about the costs associated.
During our free consultations, we often get asked how much our expert road traffic accident lawyers charge. Unfortunately, there’s no one-size-fits-all approach, as each case is assessed on individual factors including:
- The expertise, background, education, and skills of the truck accident injury lawyer.
- The complex nature of the accident.
- The projected timeline.
- Where the firm is located.
- The firm’s track record of success.
- The other entities involved in the incident.
- Whether or not a contingency fee agreement is used.
Everything mentioned above will be determined during your free consultation, which will help us form a trusting relationship.
If you’re looking for a vehicle accident lawyer in California, Texas, or Nevada, you’ll find that most law firms charge a similar fee. What sets them apart is the level of experience and track record, which is something we pride ourselves on at Karns & Karns Truck Accident Attorneys.
How Much Do the Truck Accident Guys Charge?
Here at Karns & Karns Truck Accident Attorneys, we win cases on a contingency fee basis with zero upfront, meaning you can focus on recovery instead of additional financial burdens.
The contingency fee agreement allows our team of expert accident injury lawyers to provide legal support with zero upfront costs. After conducting a thorough investigation, exploring all avenues, and winning the case, will we get paid.
Contingency Fee: How Does it Work?
Even though a contingency fee alleviates immediate financial pressures, it still doesn’t tell you how much the lawyer will cost upon winning. Instead of paying an hourly cost, which can soon add up, we will mutually agree on a percentage of the compensation to be paid to us. On the other side of the coin, if we lose your case, you don’t need to pay us anything, regardless of how long we provided services or how complex the case was.
In almost all circumstances, truck accident cases are settled without going to court because it’s a simpler process for all parties involved. When this happens, the contingency fee is paid out of any settlements paid.
Pros of the Contingency Fee System
There are many benefits of the contingency fee system that not only benefits victims but lawyers as well.
For the injured party, the most obvious benefit of a contingency fee is not having to plunge further into financial ruin to pay legal fees upfront. When victims are already suffering incomprehensible trauma, both mentally and physically, the last thing they need is more weight.
Given how complicated truck accident litigation can be, it’s important to have an outstanding road accident lawyer fighting by your side. With the contingency fee in place, any victim can afford to hire legal services from the very best.
When it comes to benefits for us, the requirement to win cases and get the maximum compensation possible acts as a fantastic incentive. Even though we approach every case with 100% compassion, the knowledge of a healthy income at the end of a complicated tunnel helps seal the deal.
Working Out Contingency Fees
The question remaining is how to put a percentage on services when the rate of compensation is unknown until the settlement agreement or verdict is in. To help our team determine a reasonable contingency fee for a truck accident claim, we have to take the following into consideration.
- The client’s unique needs.
- The severity and nature of injuries.
- The willingness to settle outside of court.
- The intricacy of the case.
- The level of expertise of the lawyer.
- Whether the work is a lawsuit or claim.
Every single truck accident is different, even if they’re caused by the same common negligible actions including speeding and intoxication. Before the client-attorney relationship can progress past the free consultation, a contingency must be agreed upon and we both have to sign on the dotted line.
What is the Typical Percentage Charged?
Every lawyer will allocate contingency fee percentages slightly differently, but each of the elements listed above will be discussed with you in a way that anyone will understand. However, you can expect the majority of law firms to charge around 33.33%-45%, especially in California.
In some circumstances, a sliding agreement can be made, which means the percentage is earned based on a number of milestones, how fast the case is resolved, and how much compensation is won. However, if you need this type of flexible contingency fee arrangement, you will need to discuss this during your free consultation.
Reasons to Choose The Truck Accident Guys
For people considering filing a truck accident claim or lawsuit, we know we’ll be a fantastic asset to your case. However, you shouldn’t just take our word for it – just take a look at the following:
- We have successfully won over $200 million dollars for our clients across all settlements and verdicts.
- You’re getting access to an award-winning law firm with zero upfront cost.
- You’ll be teaming up with a firm with enough pull to investigate any size of business and combat all bully-like insurance companies.
- Your chances of success are significantly higher with us on your side than if you attempted to win on your own.
We have offices in California, Texas & Nevada, so don’t hesitate to visit us now for a free consultation.