When you hire a Wisconsin motorcycle accident attorney on a contingency fee basis, you agree to pay the lawyer a fixed percentage of the amount you recover when you win your case. The money comes directly out of your settlement. If you don’t win, you don’t have to pay attorneys’ fees, but you may have to pay court costs and similar charges.
Advantages of Contingency Fees
The main advantage of hiring a motorcycle accident lawyer on a contingency fee basis is that you do not have to pay your attorney up front. Motorcycle accidents are expensive. The injuries are usually serious, and the victim is unable to continue working during his recovery. If attorneys’ fees had to be paid up front, most motorcycle accident victims would not be able to afford legal representation. They would be at the mercy of insurance companies.
Another advantage is that your attorney does not collect his fees if you lose. This means he’s only going to accept your case if you have a good chance of winning. Since his fee is based on your settlement, your attorney will do his best to make sure you get all the money you are entitled to.
Some clients worry that they are better off taking the insurance company’s initial settlement than paying part of their settlement in attorneys’ fees. Studies have shown that motorcycle accident victims who hire a lawyer receive significantly larger settlements, even after paying legal costs.
Are you ready to discuss your Wisconsin motorcycle accident case? Contact Hupy and Abraham at 800-800-5678 and ask to schedule a free consultation.
The more you know, the more you can help yourself. Request a free copy of The Ultimate Guide for Motorcycle Accident Victims.