How Do Personal Injury Lawyers Get Paid?
If you have been hurt, you have the right to seek compensation from the person who hurt you in a personal injury case. It is almost always in your best interest to hire a lawyer to represent you during settlement talks or a formal trial. However, your lawyer is not going to work for free. How and when do you pay for legal representation in a personl injury lawyer Toronto case?
Some Lawyers Ask for a Retainer
If you choose to hire a high profile lawyer to represent you during your injury case, he or she may ask for a retainer. Typically, the retainer is not refundable, which means that you don’t get the money back if you lose your case or decide to change lawyers during the case. The amount of the retainer may be negotiable, and it may be possible to pay it in installments.
Many Lawyers Collect Their Fee After the Case Is Over
In most cases, a lawyer will collect his or her fee after the case has been resolved. Your legal expenses are generally included in any negotiated settlement or jury award granted at the end of a formal trial. Depending on how the settlement or award is structured, your legal fees may be included in a lump sum award, and the attorney simply deducts his or her fee from whatever compensation that you were given.
What If You Can’t Cover Costs While Your Case Is Being Resolved?
It is possible that your attorney will bill you for time spent working on your case before it is resolved. You may also be billed for the cost of hiring an expert witness or hiring a lab to run tests on your behalf. If you can’t afford to pay those costs when they are incurred, your lawyer may allow you to pay over time or make other arrangements to ensure that you don’t lose your right to counsel.
What Happens If You Lose Your Case?
In the event that you lose your case, you may not required to pay your lawyer anything. Many lawyers will advertise that you don’t pay anything unless you lose. This typically includes the cost to hire expert witnesses or any other expenses that may come up during settlement talks or your trial. As lawyers may not get paid if they lose your case, they tend to only take cases that they believe they have a good chance of winning.
Are You Entitled to Compensation?
If you have been hurt because of another party’s negligence, you may be entitled to compensation. As part of a settlement or jury award, you may be entitled to reimbursement for legal fees and other costs related to legal representation in your case.