If you’ve been involved in an accident, the chances are good that you’ll be seeking the services of a no win no fee lawyer. These are lawyers who don’t charge you a fee unless your case is successful. With a contingent fee arrangement, you agree beforehand with your attorney about how much of your settlement your legal counsel will get. Most no win no fee lawyers get 33-40% of any settlement, depending on how quickly the case goes to trial and what kind of result the firm is seeking.
Why choose a “no win no fee: lawyer?
Even when a lawyer has set up a contingent fee agreement, some people still opt for no win no fee. Why? Lawyers who offer this service charge a lot more because they have to pay for other aspects of dealing with a wrongful death case, such as organising a huge trial.
In many situations, a no win no fee lawyer acts as an intermediary between you and your insurance company. He or she contacts your insurance company and prepares your claims and settlements. Once these have been set up, the lawyer withdraws them from your life.
This means that you won’t have to pay anything until you win your case. How do you use a no win no fee lawyer? You have to locate one that offers this service. Though, you should be aware that not all of these types of personal injury lawyers are created equal. You want to research your injury lawyer thoroughly before you sign any agreement.
Steps to take before you spend the money
Before you spend money with a no-win, no fee lawyer:
- Ask for references.
- Find out what other clients he or she has helped get for their insurance companies.
- Ask about their success stories.
- Find out if you can interview a potential attorney.
Most importantly, make sure that you feel comfortable with him or her. You can expect the legal fees to be substantial. It isn’t difficult to find a good no win, no fee lawyer. All it takes is a little research. Once you find a lawyer you feel comfortable with and who you feel will be right for your case, you’ll need to sign a contract. This will outline the services the lawyer will be providing you and the fees that will be billed.
There are two basic types of lawyers: those who charge a flat fee or a retainer and those who work on a contingency fee basis. Some people prefer to go with a management service because they think they won’t have any financial problems if they hire a no win no fee lawyer. There’s nothing wrong with that, as long as your no win no fee lawyer has a high success rate.
Don’t be afraid to ask about costs. You shouldn’t feel pressured at all when you meet with your lawyer. You should be able to ask anything you like, including fees and costs. After all, most people want to know what the case will cost them, not when they’ll pay it. A good lawyer will also be honest with you. If they have any hidden fees, you’ll find out about them at some point during the case.
No win no fee lawyers in Gold Coast are a great option if you’re dealing with a dispute that involves a large amount of money. Don’t be afraid to ask how much your case will cost before signing any legal documents. You’ll be glad you did if you win your case because it should have taught you something valuable about how to handle similar situations in the future. If you don’t win your case, you’ll still have learned something.