No Fee Unless You Win Can Cost You Money
You hear or read many lawyer advertisements regarding attorney's fees and that there is no fee unless you win. On its face, it seems that there is no fee, however, it all depends on how you look at it!
Yes, it is correct that in a personal injury case (auto accident), the client does not pay any attorneys' fees unless there is a recovery of money. HOWEVER, depending on the lawyer you choose, your recovery can be $250,000 or it could be $500,000. Therefore, if you have the standard retainer in which the attorney receives 33 1/3 to 40% of the award, then the attorney cost you $150,000 or more.
You might not have any out of pocket costs but you may loose the potential amount of money by not choosing the right attorney. The right attorney will explore all avenues to find insurance policies to collect from. The right attorney handling your auto accident case needs not to only look at the other driver's insurance coverage, but yours as well, and also any umbrella policy the driver or driver's household may have.
As a person that is injured, you need to make sure that your attorney has investigated all the possible areas of insurance coverage to collect from. The more money available in the pot from he insurance companies the more there is available to collect for your injury.
