It costs ordinary citizens money, in order to retain the services of a lawyer. Yet lawyers refer to that money as their fee. By the same token, each lawyer that receives a fee has previously used his or her own money to cover certain costs.
What costs do lawyers need to cover?
Those are the expenses that are associated with pursuing and preparing a client’s personal injury lawsuit. Personal Injury Lawyer in Mississauga must pay for phone calls made to potential witnesses, for any item that must be sent by mail, and for copying expenses. If the client’s case goes to trial, there is a court fee. In fact, the court charges for simply filing a lawsuit.
Even If a case does not go to trial, there are expenses that must be covered. The reporter at the discovery session must be paid. If the two sides elect to attend a mediation session, it could become necessary to hire a mediator. Experts that agree to serve as witnesses expect to be paid.
How does an injury lawyer recover the money that has been spent on a client’s lawsuit?
The injury lawyer’s provision for that recovery gets placed in the agreement that the client signs, the one that states the details of the contingency fee. That agreement explains how the injury lawyer’s money will be recovered. That money comes out of the money that is awarded to the client. The time when that same money gets removed from that award determines the size of the client’s compensation.
Some lawyers take their fee before calculation of the costs. In that case, money to cover their out-of-pocket expenses gets taken from the funds for the client’s compensation.
Others in the legal profession take their fee after calculating the costs that have been paid. In that way, less money gets deducted from the client’s compensation package.
What happens if a client loses his or her case and does not get compensated for the personal injuries?
Here again, the contingency agreement should state the plan for that possible situation. Some members of the legal community agree to absorb the out-of-pocket costs, if the client does not win his or her case.
Yet anyone that plans to retain a personal injury lawyer should understand that not all of them are that generous. Some of them do expect their clients to reimburse them, even when one of the clients’ claims has not allowed the suing party to gain access to some form of compensation.
Lawyers’ ability to offer a contingency agreement does not mean that clients have to sign the one being presented to them. Any claimant/potential client has the right to seek out a different legal expert on issues related to personal injuries.