How Do Personal Injury Lawyers Make Money?
Personal injury lawyers make money by winning your personal injury case in court or by settling your personal injury case out of court. When you become a client of a personal injury attorney, you sign an agreement with your attorney agreeing to give him a percentage of what he makes for you by suing the party that caused your personal injury.
Do Personal Injury Lawyers Get Paid A Flat Fee
No, most personal injury lawyers will take your case for free. Their fee can only be collected by them if they win your case and get a settlement from the opposing side. One way to know if you have a substantial case is to call a personal injury lawyer and discuss your injury with them. They will only take your case if they think they can recover their time and effort by getting you a settlement for your personal pain and suffering.
Who Pays The Settlement In Your Personal Injury Case
If you have been injured by someone who has insurance, their insurance company pays for your injuries. Your personal injury attorney also makes a claim from their insurance for your pain and suffering caused by their client’s actions. If the person or entity that has caused your injury is not covered by insurance, a personal injury lawyer will investigate to see if they have other assets besides insurance that they can attach if they win your case in court.
When Does Your Personal Injury Lawyer Distribute The Settlement If He Wins Your Case?
If your attoryney wins your case, it is up to him to collect the monies that you have won as part of your settlement. The settlement funds if they come from an insurance company, usually go to your attorney who takes his percentage and sends you a check of the remainder. If the settlement is to come from the person or persons that caused your injury, he might have to find ways of collecting if they do not send him a check as agreed upon in court or in out of court settlement.