If you’ve been recently involved in a personal injury accident, you are probably contemplating filing a lawsuit against the party responsible for your injuries. Luckily, you may qualify for monetary compensation if fault is anything to go by.
Having a Missouri City personal injury lawyer increases your chances of getting fair compensation. They will work in your best interests, and will always go after maximum compensation.
When an accident occurs, victims end up spending a fortune seeking medical treatment for their injuries as well as adjusting with their new life.
Medical bills may steadily rise to millions of dollars, especially when you suffer life-threatening injuries such as a traumatic brain injury or spinal cord damage. In the end, your finances become constrained.
Why People Worry About the Cost of a Personal Injury Lawyer
Unfortunately, a majority of personal injury accident victims fail to seek legal representation due to a lack of enough finances. Others fear that seeking legal help from a professional attorney may wipe out their accounts. However, this is not always the case with Missouri City personal injury attorneys.
At Lone Star Injury Attorneys, we understand the financial repercussions you may be subjected to after an accident. For this reason, we put in place a transformative plan to help you get justice even when your accounts are dry.
Let us break it down for you. At Lone Star Injury Attorneys, you can choose from four different payment options. But the baseline is that all of them give room for a free litigation process unless you win your case. Here is a breakdown of these options.
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Contingency Fee Option
The contingency fee option is the widely used mode of payment for Missouri City personal injury attorneys. This allows the attorney to offer you legal services for free unless he or she obtains a monetary recovery for you.
If the lawsuit becomes a success, your attorney will receive a percentage of the final amount awarded by the jury if your case goes to trial or the settlement offered by your insurance company. This percentage is discussed before the lawyer starts your case and is often straightforward.
Sliding Scale Contingency Option
A sliding scale payment arrangement is more like the contingency fee option. However, the amount you pay in a sliding scale arrangement will be dependent on how long your case takes and whether it goes to trial. This is unlike the contingency fee option where the amount is constant regardless of whether your case settles before trial or not.
Under this option, the amount payable to your Missouri City personal injury attorney will increase as the legal proceedings take more time.
For example, if the case is settled during negotiations, meaning that it doesn’t go to trial, you may part with 25% of the settlement as payment to your attorney. But if it does go to trial, you may owe 40% of the final amount to your lawyer.
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Contingency Hourly Option
As we mentioned, your lawyer will not be paid unless he or she wins your case. This is also the case in the contingency hourly payment arrangement. In this arrangement, your attorney will be paid based on the amount of time spent working on your case.
However, a majority of Missouri City personal injury attorneys do not use this arrangement unless there are clear chances of winning the case easily.
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Mixed Hourly Payment Option
Unlike in the other payment options, a mixed hourly arrangement allows your Missouri City personal injury attorney to obtain payment for their legal services even when you as the plaintiff lose the case.
But should you win the case, your Missouri City personal injury attorney is entitled to a bonus payment.
Are the Payment Options Available at Lone Star Injury Attorneys?
With us, you have the freedom to choose a fee arrangement that suits and meets your needs. This doesn’t come at a cost since all our consultation sessions are absolutely free and at no extra or hidden costs.
Sounds great? Well, that’s not it. We will litigate your case at no fee until you get justice. By representing you on a contingency fee basis, we do our best to ensure that the lawsuit becomes a success because that’s the only way we get paid.
Call or text (832) 449-8230 or complete a Free Case Evaluation form