There are a lot of common misconceptions floating around these days. For example, there is no evidence that Vikings’ helmets had horns and twinkies actually have a shelf-life of about 45 days. Another such common misconception which we hear all the time is that lawyers are prohibitively expensive, or that only the highest priced lawyers can get the job done. Not so. Today, our personal injury attorneys will address the concern that clients may not be able to afford legal counsel, and discuss how and why hiring a qualified legal representative is a financially prudent decision.
Contingency Fee Agreements for Passaic County, NJ Personal Injury Attorneys
The fact of the matter is that the vast majority of fee structures for personal injury legal services revolve around contingency fees. This means that you, as the claimant, are only responsible for paying for legal services contingent upon a successful financial recovery. In other words, your Passaic County personal injury attorneys will not be paid unless they are able to recover compensation for you through a successful settlement or verdict.
Contingency fee arrangements cover not only your attorney’s legal fees, but may also cover incidental expenses such as expert witness testimony, filing fees, and more. You will not owe your attorneys a dime unless you are awarded financial compensation.
So what does this mean for victims of injurious accidents? It means that there is zero financial risk to seeking professional legal representation. Your attorneys may even be able to offer different iterations of a contingency agreement, either a flat fee or a tiered system based on how much money you recover.
Paterson Financial Compensation Recovery Lawyers Discuss Leaving Money on the Table
Considering that hiring an experienced Paterson financial compensation recovery lawyer requires no up front cost, the true risk would be attempting to fight your legal battle alone. For many victims, medical bills, lost wages, and other expenses can pile up quickly. In these situations, it can be tempting to simply accept whatever offer is first presented by the insurance company or other organization.
Despite what may feel like a desperate financial situation, here are several reasons why it is a great idea to hire a personal injury attorney, especially for individuals who are struggling to make ends meet:
- Without proper legal representation, you are almost certainly leaving money on the table. Million dollar verdicts are won with focused experience and legal experience. Non-legal professionals cannot hope to recover such large dollar amounts
- There is no financial obligation from you. To reiterate, you will not incur any legal expenses during the duration of your personal injury settlement or trial process
- The settlement timeline can be surprisingly fast. While personal injury trial proceedings may take months or years, over 95 percent of all personal injury claims end in settlement, which can move very quickly
- You attorneys will help you avoid legal pitfalls including improper filings, mishandling of evidence, giving harmful statements, and more
Contact our Clifton Personal Injury Attorneys Today
The personal injury attorneys of Fredson & Statmore practice personal injury law exclusively, and are paid based on the results we secure, not our billable hours. We take pride in securing financial compensation that our clients need and deserve in Passaic County towns including Paterson, Clifton , Wayne, Woodland Park, Little Falls, West Milford, and all of Northern New Jersey. Our firm has over 50 years of combined legal experience finding compensation for victims of motor vehicle accidents, construction accidents, slip and fall accidents, defective product accidents, and any other type of accident which led to a serious injury.
If you or a loved one has suffered an injury due to the negligence or recklessness of another party, please contact us online or through our Clifton offices today by calling (973) 777-8600 for a free and confidential consultation. As always, you will not owe any fees until we successfully recover compensation for your injuries..