If you have suffered a serious injury in a motor vehicle accident, you are likely to be in a tough financial position. After all, not only does your injury make it impossible to work, but you receive expensive medical bills every day.
Because you have never gone through an injury claim before, you simply may not have the relevant knowledge and experience to represent yourself effectively. That is not true for the insurance company, though. in fact, insurance companies often have teams of lawyers that represent their interests.
An urban legend
You probably realize that hiring an attorney for any legal matter can be expensive. Your friends also may have told you that your personal injury attorney is likely to make more from your case than you do. This is an urban legend, though, as these attorneys only take a percentage of your award. Indeed, according to Minnesota law, your lawyer’s fee must be reasonable under the circumstances.
Contingency fees
Many personal injury attorneys work on contingency. This means you do not have to pay for the services of your attorney unless you receive a financial award. While you may have to pay upfront for some incidental expenses, such as filing fees, having a contingency-fee arrangement should make your wallet happy.
Now that you understand how contingency representation works, you probably do not want to leave the outcome of your claim to chance. Ultimately, rather than wondering if some personal injury lawyer stands to make more than you do, you may want to ask yourself whether you can afford not to work with one.