What Are The Factors That Decide The Car Accident Lawyer Fees?

Fees often become a matter of a talking point for hiring a car accident lawyer. It is the cost of hiring a lawyer that often plays a deciding role. However, here one may question how it is possible that different lawyers are charging different fees for the same case. The answer is not that simple. A lawyer fee depends on several things. The current post highlights some reasons that decide the fee.

The fame and size of a law firm

Often the fee structure varies from firm to a firm because of the fame and size of the firm. A firm with a reputation often charges more than a firm with less reputation. This reputation did not come in a single day. There is a lot of hard work behind it. Further, a law firm with several lawyers often charge more than they can offer you the legal aid whenever you need. Now it depends on the client comparing the different firms based on their size and reputation.

Experience

The experience of the lawyer plays an important role in deciding the fee. A lawyer with more experience will always charge more than the novice. It is simple as in a legal battle experience matters a lot. A lawyer must know the intricacy of the case to win it for his client. Experience has its own value, thus no matter whatever the case is, if you want to hire an experience car accident lawyer, you must pay a little more than the average. However, the fact is that hiring an experience lawyer increases the chance of winning the case and enhances the compensation.

Billing method

Several lawyers are there who have their own way of billing. Few lawyers bill it is hourly, few bills it flatly. However, with hourly billing, the cost may fluctuate, but with a flat fee structure, it is not possible. However, in case of personal injury cases, the lawyer charges on a contingency fee structure. It means that both the lawyer and party agree to the condition that the lawyer will take a certain percentage of the total amount received by the client as compensation. In the contingency fee structure, the fee ranges between 20% to 30%.

Jurisdiction where the firm is located

Often the location of the firm largely decides the fee of the lawyer. If the firm is in the metropolitan's heart, then it will often charge more. If the location is in rural areas, the chance is that the charge will be less. It is because maintaining an office in the metropolitan costs more than in rural areas. Therefore, it depends on the victim and the jurisdiction in which the case falls.

Final words

Therefore, in this post you have seen the factor that decides the fee of the car accident lawyer. Apart from these, there can be several reasons for fee difference. It is a very important issue and people must find it about before taking any final decision. 

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Created on Nov 20th 2019 00:37. Viewed 423 times.

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