At Hupy and Abraham, we understand that a serious injury can leave you in a financial bind. You are injured and unable to work, but at the same time, you have mounting medical bills. We know it’s tough and that is why we, like many Wisconsin personal injury attorneys, represent clients on a contingency basis.
A contingency fee gets its name because payment is “contingent” on the attorney winning your case. What it means is that your lawyer doesn’t require any upfront costs. Instead, he gets paid a percentage of your final settlement. If he doesn’t win, he doesn’t get paid.
Typically the contingency fee agreement states that the Wisconsin personal injury lawyer will receive one-third of any recovery, as well as reimbursement for any expenses he has advanced. But it is important that you read the agreement thoroughly to check for hidden fees. You don’t want to be unpleasantly surprised later on.
One-third may seem like a lot; in fact, the amount may make you wonder if hiring an attorney is really worth it. You may be interested to know, that on average, Wisconsin injury victims who hire a lawyer receive settlements that are three times greater than those received by injury victims who represent themselves.
What happens if you agree to a contingency fee and then decide you don’t like your lawyer? You still have the right to change your mind, although you may be billed for any upfront costs.
Want more information? Contact the Wisconsin personal injury lawyers at Hupy and Abraham at 800-800-5678 and ask to schedule a no-obligation, free consultation. “No obligation” means exactly what it says: if you don’t like what you hear after that first meeting, you can walk away and owe nothing.