When you hire a legal worker, the first thing that may come to your mind is how much it is going to cost you. This is true in civil and criminal cases especially but the cost of hiring an Injury Lawyer in Mississauga should never be your point of concern or hold you back from hiring them when you need legal assistance while claiming compensation for your injuries. This is because the injury lawyers usually work on contingency fee arrangement. This is a special arrangement that is typical in the field of personal injury law. If you are unaware about it, here are a few things that you should know.
No upfront fees
In a contingency fee agreement, you do not have to pay the Injury Lawyer in Mississauga any fees when you hire them. They will charge their fees later on when you receive the settlement check. This arrangement of fees is made to provide some financial respite to the injured victims who have already spend hundreds and even thousands of dollars for their medical treatment. Ideally, the personal injury law was framed to protect the rights and prevent the injured plaintiffs from being victimized in their first place.
The rate of fees
Ideally, when you work with an Injury Lawyer in Mississauga on contingency fee agreement, they will not charge you exorbitant fees. Their fees are capped by the law itself. It is actually a percentage of the final settlement check that you receive. Since the severity of a case, its type, nature and efforts needed by the injury lawyer to out in may vary, the law states that the injury lawyer will be entitled to claim 33% of the final settlement amount. That is when the case is settled informally. In case of a trial, it is 40%.
The legal expenses
Another good thing about contingency fee agreement is that you will not even have to pay any legal or court fees, costs of communication, letters and faxes and other related expenses of your case. These expenses can be high and when you receive the final settlement check it could be about 5% of it. This amount will be initially paid by the Injury Lawyer in Mississauga and will be deducted finally from the final settlement amount, but after their fees from it. This means that in no way you will have to worry about money, paying for different fees and expenses when you hire an injury lawyer.
The best part
The best part of contingency fee agreement is here. According to the arrangement, you will not have to pay any money at all as lawyer’s fees and other expenses if the case is not won in your favor. There is no scope for making money by the injury lawyer for failed efforts. This is what makes the contingency fee arrangement for the in personal injury law so unique and effective. It ideally eases the financial stress for you and all injured plaintiffs. Therefore, if you have to, do not hesitate to hire an injury lawyer. To read more Click Here