How Much Money Is Spent On Car Accident Lawyer?
How Much Money is Spent on a Car Accident Lawyer?
When you’re injured in a car accident, you may be wondering how much money is spent on your lawyer. The answer to this question depends on several factors, including the specific case and the amount of money you’re seeking in compensation.
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The cost of a car accident lawyer often depends on whether they take their fees out before or after the damages are awarded. This can make a big difference to how much you’re able to receive. For example, if a client’s accident case results in a $96,000 settlement and the attorney takes out their fee after this amount is paid, the client would only end up with $58,000 before paying medical bills or liens are paid.
Other costs that a lawyer can be responsible for include filing fees, investigators, expert witnesses, and litigation expenses. These costs can be difficult for an accident victim to cover on their own, and they’re something that should be clearly outlined in a representation agreement before the case begins.
It’s also important to remember that a car accident lawyer should be paid their fee only if they win the case. If they lose the case, they’ll need to pay all of their attorney fees and court filing fees out of any settlement or jury award you receive.
A good car accident lawyer will have experience in handling claims like yours, so they’ll know how to work with your insurance company. They’ll also understand how to level the playing field against the insurance company and their lawyers, so you can get as much of your compensation as possible.
Special Damages
Economic damages in a car accident claim are based on the direct monetary losses you suffered due to the collision. These include medical costs, lost income or wages, and vehicle repairs. An experienced personal injury lawyer can review your receipts and invoices to calculate the value of your economic damages.
Non-Economic Damages
Unlike the financial damages that are covered by your car insurance policy, non-economic damages are based on the emotional and mental harm you’ve suffered. These damages are more complex to determine, but a New York City lawyer with experience in car accident cases can help you find a fair compensation for them.
Our NYC attorneys have the resources to find out what non-economic damages you’re owed, and we’ll work to get these payments from the at-fault driver.
For example, we recently helped a client recover $7 million for an injury he sustained when his bicycle was struck by a bus that was crossing over three lanes of traffic. He was left with multiple leg fractures and a broken pelvis.
Another client’s accident resulted in a $1.7 million verdict for a police officer who was struck while responding to an emergency call. The accident included injuries to his jaw, clavicle, and memory problems.
The legal team at Morgan & Morgan has the skills and experience to make sure that you’re fully compensated for the damages you’ve suffered in a New York car accident. We’ll make sure that your pain, suffering, and loss of enjoyment of life are taken into account when calculating the value of your claim.