Personal Injury Law – How a Contingency Fee Basis Benefits the Individual
A contingency fee basis is designed to benefit the individual in personal injury law cases.
“WE DON’T GET PAID, UNLESS YOU GET PAID” is a familiar statement echoed by many TV advertising personal injury lawyers across the country. If you’ve ever sat at home and watched TV during the day late into the evening you’ve seen these types of commercials and although I do not advertise on TV, I do appreciate the message these lawyers are providing.
Personal injury law is an area of law that involves injuries, physically or psychologically that are as a result of negligence and/or or an intentional act by another party. The other party can be an individual, as in a negligent driver or a business, as in a tobacco corporation.
Why are personal injury law cases billed on a contingency fee basis?
Oftentimes, when an individual causes an injury, a lawyer for the wrongdoer’s automobile or homeowners insurance company represents those individuals. Since most injured individuals cannot afford to hire a lawyer and pay them by the hour, as most corporate and insurance lawyers are paid, the law allows personal injury lawyers to take personal injury cases, including workers compensation, medical malpractice, nursing home negligence and any other type of injury case on a contingency fee basis.
A contingency fee means that a person who is injured may obtain legal representation even if they do not have money to pay a personal injury lawyer at the beginning of a case. The lawyer and the client agree that the lawyer will take a percentage of any settlement or jury verdicts as his or her fee and if there is no settlement of jury verdict then the attorney will recover nothing. This agreement does not include the costs associated with the case. However, typically the lawyer will pay those costs up front with the understanding that they will be paid back either out of a settlement or award by the client.
Personal injury lawyers and the contingency fee basis level the playing field for the individual
So why is this message “We don’t get paid, unless you get paid” such an important message? Well, the reality is people who are injured by others oftentimes do not understand that they do not need to be wealthy or have a lot of money to hire a lawyer to help them when they are injured. Personal injury lawyers and the contingency fee basis level the playing field when combating insurance companies or other business entities.
Personal injury lawyers want to reach those who otherwise would not be represented and because of this we are oftentimes perceived negatively for advertising. However, advertising to those who otherwise would not have any contact with a lawyer provides the necessary information to ensure that all people have access to lawyers and not just insurance companies and big business. So the next time you think negatively about a personal injury lawyer who advertises, remember that those advertisements are reaching people who otherwise would not have access to a lawyer.
Mullen Law, P.A. is an experienced personal injury and workers’ compensation law firm serving residents in the State of North Carolina. If you have been injured in an accident caused by the negligence of another you can contact us for a free case evaluation to receive information and guidance how best to proceed obtaining compensation for your injuries and suffering. In keeping with Mullen Law’s commitment to offer quality legal representation and individualized attention you’ll speak directly with Attorney Eileen Mullen about your personal injury case.
Have You Been Injured and Not Sure If You Have a Case?
Attorney Eileen Mullen can help. Meet with her to review your case and make sure you are recieving the compensation you are entitled to and the best way for you to proceed.