An accident may occur unintentionally, but it results in injuries, losses, or damages to the person. They can also happen in several ways.
An accident has serious consequences for everyone. It is necessary to look for the best accident law firm to protect your rights and get fair compensation for your losses.
This blog post talks about how an accident law firm can help you with your compensation claim and their payment procedures.
What is an Accident Law Firm?
An accident law firm is a business made up of attorneys and other legal professionals who support accident victims in legal proceedings, such as preparing the legal paperwork, filing a personal injury case, or finalizing the settlements.
Attorneys are knowledgeable and experienced professionals who offer legal advice and protect the rights of victims.
What Can an Accident Law Firm Do for You?
Provide Legal Advice
After getting injured in an accident, it is important to go to a law firm to take legal action against the other party. A personal injury lawyer will take care of the accident case. A personal injury lawyer will give you legal advice and suggest options.
Document Preparation
A personal injury lawyer will help you prepare the necessary legal documents. Before preparing the document, your lawyer will check your medical records, witness statements, and police reports.
After checking them, they can evaluate the settlement value based on your injuries and other damages.
Filing a Personal Injury Claim
After drafting a demand letter, the lawyer will help you file a personal injury claim against the other party or their insurance company. This demand letter will be sent to the other party or their insurance company.
Negotiate with Other Party’s Insurance Company
Accident lawyers are skilled negotiators. They will effectively negotiate with the other party’s insurance company. Dealing with the insurance company is not easy. Most insurance companies will try to deny or reduce compensation for the victim or plaintiff.
Therefore, it is necessary to consult an accident law firm to get assistance from experienced lawyers. By doing so, they will handle all the conversations with the other party’s insurance company.
Legal Representation in Court
Suppose the insurance company refuses to pay the compensation, then a lawyer from an accident law firm can help you take your case to court.
Personal injury lawyers are aware of state laws and court procedures. Depending on the state and circumstances of the case, they will represent you in court. By moving your case to trial, you will surely get a settlement for all your injuries and other damages.
What are the Payment Methods of Accident Law Firms?
Personal injury lawyers usually take payment for your claim through a contingency fee agreement.
Under the contingency fee agreement, lawyers do not charge any fees until you get compensation. They will take 33% to 40% of the compensation you receive in this case as payment.
The following are some of the payment methods for a lawyer:
Mixed Hourly: When you win or settle your case, your personal injury lawyer will charge an additional hourly fee, otherwise a small percentage of the settlement you received. Suppose you lose, then they will take a lower hourly rate as their fee.
Sliding Scale Contingency: Under sliding scale contingency, your lawyer will charge only 25% of your compensation when your case is settled outside of court. If your case is resolved in court, then your lawyer will charge 40% of your compensation.
Contingency Hourly: In this contingency hourly basis, the lawyer will only charge hourly fees when you recover the compensation from the other party.
