How Contingency Fees Help You Beat Your Insurance Company
Posted by PKSD Law Firm on Jan 26, 2015 in Car Accidents
Do you know what levels the playing field against an insurance company when you have an accident claim? The contingency fee.
The contingency fee is the favored payment structure among many personal injury lawyers for a few reasons. For one, it is the average plaintiffs alternative to paying an attorneys hourly rate, which may be cost prohibitive and prevent them from filing a claim in the first place.
Put simply, the contingency fee allows plaintiffs who have a strong claim to assert their legal rights without breaking the bank. The contingency fee system also prevents the insurance company from taking advantage of the customer simply because the customer has no other option than to accept the terms they deem to be sufficient.
Heres how the contingency fee structure helps the average plaintiff beat their insurance provider:
Youve been hit by a negligent driver and the medical bills are piling up. You meet with an attorney and discuss the details of your case. They believe that your claim is strong and that it is likely to return a favorable verdict, or that a satisfactory settlement may be offered.
If that attorney works on a contingency fee basis, you dont have to worry about racking up fees for time spent on your case and you only pay for their work if they win your case. You also get a truer sense of whether the attorney believes in your case because if they do not think it will be a success, it is unlikely they will agree to take it on. Because you have an attorney on your side, your insurance company is now more willing to make you a better settlement offer, or they are unable to defend their claims and a jury returns a verdict in your favor.
The Milwaukee personal injury lawyers at Pitman, Kalkhoff, Sicula & Dentice support the contingency fee structure. We want to empower our clients to take a stand against the injustices they've suffered, and by utilizing the contingency fee structure, we can help you do just that.
If you have a question about an accident you were involved in, or would like more information about how we use contingency fees, contact a car accident lawyer from Pitman, Kalkhoff, Sicular & Dentice for a free review.