Paying For a Personal Injury Claim

If you have been injured in an accident, and you have identified someone who could potentially be legally liable for the accident, you still will need to consider how you will pay for any necessary legal action. There are a number of options: Hourly rates and fixed costs If you enter into an hourly rate or fixed fee agreements with lawyers, you are personally responsible for paying their fees. Because these costs will be very high in the long-running personal injury cases, this is not usually the choice that most people would be willing to take. Such an arrangement is only suitable for dealing with specific legal problems. For example, you might just want legal advice early on whether or not you have a valid claim and you can pay for it based on the fixed cost, or alternate person responsible for your injuries may be willing to discuss settlement out of court and you may just want lawyer to negotiate the correct level of compensation on your behalf. No win, no fee arrangements Many lawyers offer to bring a personal injury case to win, no fee basis and is very attractive to consumers because people often mistakenly believe that there will never be any cost to them. However, care must be taken because if you lose the case, even if you do not have to pay your attorney fees will still be there are other costs that you will have to pay. Any expenses that your attorney has been


Success fee arrangements

This is the kind of win, no fee arrangements and has the same weakness in that if you lose the case you will have to pay the other party. However, the main difference with the success fee arrangement is that if you win the case, and your lawyer have its costs paid by the losing side, he will also be entitled to a piece of your compensation as a "success fee". Sometimes part of your compensation lawyer who will take very high. This type of arrangement is sometimes offered in a personal injury case in which there is little chance for success, but where lawyers are ready to take the risk of failure in exchange for a big bonus if he wins the case.

Legal expenses insurance

Legal expenses insurance is often included as an optional extra for free or next to the house insurance and car insurance policies. Legal expenses insurance policy terms vary substantially, but in many cases insurance companies will pay your legal fees if you need to make a personal injury claim against another person, provided that the prospect of winning such cases is above a certain level. In personal injury cases that result from car accidents, you will usually only have to make your insurance company is aware of injuries suffered, and they will take care of all arrangements for personal injury claims must be made and funded.