Sometimes it’s easy to compare products and services and find the best value for your money. As consumers it’s our nature to compare options and hunt for the best possible deal. When it comes to finding the right attorney or doctor price is seldom the best point of reference. While you may want to use this standard the end result is the best measure of success.
Personal Injury Attorneys And Contingency Fees… Most personal injury attorneys work on a contingency fee basis, which means they make money only if you make money. The typical attorney will charge around one-third of the recovery for their legal expertise. A local attorney who advertises on TV offers a time sensitive discounted rate to entice a client to hire them which almost forces the client to make a difficult decision. But we want to educate you on the various reasons that these offers should be taken as a warning sign and explain how hiring a “discount attorney” can actually end up hurting your case in the end..
Contingency Fee Structure As The Incentive… The contingency fee works in the favor of both the attorney and the client. The contingency fee is contingent upon a successful resolution to the case and the client doesn’t pay unless the attorney recovers compensation for the client. This ensures the client doesn’t lose if the attorney fails and that means the attorney has to do a great job for the client. The contingency fee arrangement also creates an incentive for the attorney to recover the highest possible level of compensation for the client because the attorney’s fee is a percentage of that number. Attorney’s who charge lower percentage fees often make up the difference in profit by taking on more cases and function more like a settlement mill giving minimal regard to case value or client injuries. Attorneys who fight less are more likely to settle for less compensation for their client.
Signs Of A ‘Settlement Mill’… A low cost might mean the firm is a “settlement mill.” What often happens is these firm’s sign up a lot of clients and turn the cases over as quickly as possible with minimal regard to the best possible settlement for the client. Frequently this approach precludes making decisions based on the client’s best interests. What the law office doesn’t make in fees they make up in client volume. These mills profit from doing minimal work on behalf of injured people. They don’t do much investigation as this might delay the settlement date. They do little that shows the insurance company they are willing to fight the case all the way to trial. They do little that might appear they are willing to wait out the insurance company or to prepare to take a case to trial. These mills typically do everything in their power to avoid trial at all costs because their attorneys have little if any experience or interest in going court. Discounting fees attracts clients without the client ever really understanding the true role of their attorney. If you happen to speak with an attorney offering a discounted contingency fee it’s in your best interest to ask them why they are doing so and Contact GBLegal For A Free Case Review.
We represent people who are injured because of the careless and reckless acts of others. At the end of the day your case can only be settled one time and you need to know all of the facts beforehand. The reason that insurance companies have paid our clients in excess of $130,000,000.00 is that we get the facts and are not intimidated at the prospect of going to trial when they refuse to follow the law. We help with serious issues that require serious representation. We are the Law Offices of Guenard & Bozarth. We have over 80 years of experience in our plaintiff’s only law firm. Call GB Legal 24/7/365 at 888-809-1075 or visit www.gblegal.com We Can Help!
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