WHAT DOES A CONTINGENCY FEE AGREEMENT (NO RECOVERY, NO FEE) MEAN?
“No Recovery, No Fee” or “No Attorney Fee if No Recovery” means that you will not be responsible for your attorney fees if we lose your case, or do not settle your case with the responsible party or their insurance company. We will charge you a percentage of the settlement instead of the typical retainer and hourly fees that attorneys charge. Therefore, if we lose your case any percentage X $0.00 = $0.00 and you owe us nothing for attorney fees. This agreement allows you as a victim of a car accident to receive the proper medical attention that you need without worrying about the outrageous legal fees piling up. Also, this will give you the opportunity to handle your property damage much faster and get back to your daily lives.
I WAS INVOLVED IN A CAR ACCIDENT WHO WILL PAY MY ATTORNEY FEES?
When you are involved in a collision, your car is wrecked, your body is in pain, and you are missing time from work. As personal injury attorneys, we understand the complications that arise after a car accident. Therefore, we provide you with a free initial consultation to gather all the information to evaluate your case correctly. After the evaluation, we decide if we are willing to accept your case on a contingency fee agreement (No Recovery, No Fee).
WILL YOU HANDLE MY PROPERTY DAMAGE AS WELL?
Yes, we will handle your property damage claim at no charge unless the responsible party does not accept liability. When the at-fault party does not take responsibility, we have to file a lawsuit against the at-fault party. After that, we claim your property damage, bodily injuries, lost wages and all other damages together. We provide this representation under the same Contingency Fee Agreement (“No Attorney Fees if No Recovery”).
ARE MY MEDICAL BILLS AND ATTORNEY FEES COMBINED?
Your medical bills are separate from your attorney fees. Although, your attorney fees are based on “No Recovery, No Fee”, your medical bills are your responsibility. If you went to the emergency room after your accident and they issued you a bill; the bill is your responsibility, and we cannot waive it because it is not our bill to waive. However, you permit your personal injury attorney to pay the medical providers back from the settlement or judgment that you receive at the end.
WHO PAYS FOR THE EXPENSE OF HANDLING MY CASE?
Furthermore, under a contingency contract, the personal injury attorney can choose to pay for your case expenses as well. Once we recover a settlement, we will refund those expenses back to the law firm from the settlement. Personal Injury cases are costly. Some of the costs involved in personal injury law include the money that the attorney has to spend to obtain the information needed to handle your case correctly. For example, the police department charges a fee to produce a copy of the police report, video of the collision, and the police call log. The medical providers charge per page to generate your medical records. The court charges a fee to file a lawsuit. There are additional expenses included but not limited to deposition fees, investigation fees, mediation fees, etc. The best part about hiring Chalaki Law, P.C. is that we process most of these requests digitally to save you as much money as possible. For instance, we request most of your medical records and bills in a digital format and pay a flat fee instead of per page charge. The practice makes us our evidence gathering and analysis processes faster – which translates to savings for you. Learn More: What does 3rd Party or at-fault party mean?
ARE THERE ANY HIDDEN FEES THAT I NEED TO BE AWARE OF?
When you sign your contingency fee agreement (No Recovery, No Fee) with our personal injury law firm, the details of our fee structure are explained in detail. There will be no hidden fee charges. All the fees and expenses are explained in paragraph 1 and 2 of our Contingency Fee Agreement. We want our clients to trust their attorneys to provide them with the peace of mind and reduce their headaches. Our goal is to obtain the best result possible for your injuries and damages.
OTHER RELATIVE QUESTIONS:
Learn more: What it means when the responsible party does not accept liability for my damages? Learn more: What happens if my car is declared a total loss? What does 1st Party Insurance mean? Can I repair my vehicle under my own insurance policy?