How Much Do Lawyers Take From Settlements in Arizona?
If you are injured in an accident due to the negligence of somebody else, you may want to seek the help of a personal injury attorney to recover damages for your injuries. There are many types of accidents that could require the filing of a personal injury claim, from dog bites and slip-and-falls to car accidents and pedestrian accidents.
Before you begin the claims process with your Phoenix personal injury attorney, it’s important to understand how your attorney will be paid and how much they will take from your settlement. So, how much do lawyers take from settlements in Arizona? Well, that often depends on your lawyer’s contingency fee. Allow us to clear things up for you.
How Are Personal Injury Attorneys Paid in Arizona?
For most personal injury cases in Arizona, your lawyer will operate on a contingency fee. This means that before you begin working together, you will sign an agreement in which you agree to pay the attorney a set percentage of your settlement if they win.
For Arizona lawyers that charge a contingency fee, their payment depends on the outcome of your case. This type of payment structure is favorable to many clients because it means that your attorney only gets paid if you do.
Because your personal injury lawyer’s success is dependent on your success, you can rest assured that they will be highly motivated to win your case. The contingency fee that your lawyer will take varies by state, case type, and individual lawyer. Generally, the percentage ranges from 30-40 percent of the total settlement amount.
Do I Have to Pay If We Lose?
The contingency fee pay structure is a considerable risk to the attorney, who is putting in a significant amount of time and energy without guaranteed payment. However, it’s highly beneficial to the client since you only have to pay up if you win your case.
If you have a signed contingency agreement stating the terms and your case does not result in a monetary award, you do not have to pay your attorney. Before agreeing to work with an Arizona personal injury attorney, read the terms of their contingency agreement and consider them at length.
If the fee seems too good to be true, ask yourself why. Are they inexperienced? Does their track record reflect a lack of success? Check the law firm’s reviews and be sure to ask plenty of questions in your initial consultation to determine whether they are the right fit for you. Working with a reputable law firm is the key to a successful outcome.
Top-Rated Phoenix Personal Injury Attorneys
If you’ve recently been involved in an accident and are searching for a personal injury attorney in Phoenix, look no further than The Law Office of Zayed Al-Sayyed. Our dedicated team of legal experts will guide you through the claims process from start to finish and work tirelessly to ensure that you receive the compensation you are owed.
With our Aggressive Compassionate Representation, you can count on us to fight aggressively on your behalf while treating you with the utmost compassion and respect. Contact us today for a free consultation with a top Phoenix personal injury attorney.