If I Lose My Personal Injury Case Will I Have Out of Pocket Costs?
Posted on Jul 24, 2019 in Personal Injury
What happens if you lose a personal injury claim? It is a concern lots of people have in the wake of an accident or injury. Without a settlement, how will you afford to pay your medical bills, to fix your car or property? How will you make up for lost wages if you were forced to miss work?
Expenses can pile up fast following an injury. If you win your settlement, you should have no problem covering all your personal expenses, including any lawyer and court fees. But what happens if you lose your claim? Will you be saddled with paying your lawyer in addition to the personal expenses you’ve already accrued?
Make Sure You Sign a Contingency Fee Agreement
Many lawyers operate on what is known as a contingency fee contract. This is a type of contract that essentially says the lawyer only gets paid if and when you do. Usually, with a contingency fee contract, a personal injury lawyer will foot their own expenses upfront and delay their payment until after a settlement has been reached. However, if no settlement is reached and a contingency fee is in place, then you will not be responsible for reimbursing the entirety of those fees after it’s all over.
Not only does a contingency protect the client from being burdened with further expenses following an injury, it also enables them to take on the big insurance companies and corporations that they otherwise would not have been able to afford.
Protect Yourself By Choosing the Right Lawyer
You only get one chance at pursuing recompense for an injury due to negligence or wrongdoing. After you agree to a settlement, you cannot pursue further compensation for the same claim. That’s why it’s so important to get it right the first time. Nobody wants to find out they have further uncovered expenses after the dust has settled.
Finding the right personal injury lawyer to work for you is tantamount to the success of your claim. With so many personal injury lawyers out there, choosing who to hire can feel like a daunting task.
A good personal injury lawyer should be someone that makes you feel comfortable, and guides you through every step of the process. After an injury, you have enough to worry about, between taking care of your own health and family. Your personal injury attorney should be someone willing to do all the heavy lifting—from gathering evidence, to dealing with the insurance companies, building your case and fighting for your best interest. That way you can focus on what’s most important: your wellbeing.
When consulting with a personal injury lawyer, make sure you fully understand the nature of your agreement and contract before you signing. At Bloom Legal, we always work on a contingency fee basis. We’re in this together and we don’t get paid unless you do.
Contact Bloom Legal For a Free Case Evaluation
If you have been injured due to negligence or wrongdoing, contact the personal injury attorneys at Bloom Legal. We will look over your case for free, and if we can’t help you, we’ll try to point you to someone that can.