Can you afford an attorney for your injury case? Carabin Shaw explains.
Can I Afford an Attorney for My Injury Case?
How much do lawyers cost?
A quick Google search will reveal that attorneys in Texas charge anywhere between $100 to $500 an hour for their services. If you’re thinking, “Yikes! I can’t afford that!” you’re not alone.
One of the most common objections to hiring a lawyer for a personal injury case is that lawyers are too expensive. After all, who can afford to pay $500 an hour on top of medical and other expenses after an accident? When over 1,000 people were surveyed in 2019, 65% of respondents had no idea how personal injury attorneys charged their clients. Only 35% correctly answered that contingency fee agreements were the most common payment agreements in personal injury cases.
At Carabin Shaw, we use a contingency fee contract for our clients as a part of our philosophy of always putting our clients first. This article will explain everything you need to know about contingency fees, why hiring an attorney is worth it, and why you should choose Carabin Shaw.
If you were injured in an accident that was not your fault, you may be entitled to compensation. Call Carabin Shaw to find out for free at 800-862-126o.
What is a Contingency Fee Agreement?
A contingency fee agreement means that your attorney won’t be paid unless they earn compensation for you. Unlike an hourly or flat-rate fee, this kind of agreement usually costs nothing upfront and won’t cost you anything unless you get a payout.
At Carabin Shaw, we believe that those who have been wrongly injured in an accident should have access to expert legal representation regardless of income level. We don’t get paid unless you win because we care. That’s what we mean when we say clients first.
Additionally, if we don’t earn a settlement on your behalf, our out-of-pocket costs are waived.
How Much is a Contingency Fee?
Contingency fees vary based on a number of factors. The typical fee arrangement ranges between 33% and 40%. Factors that can affect how much the fee will be can include:
- Case complexity
- Risk
- Whether the case will go to court
- If the case is appealed
Want to know exactly how much a Carabin Shaw attorney will request from your case? Call us to set up a free meeting with an attorney at 800-862-1260.
33% of My Settlement Seems High. I Should Represent Myself and Keep All of the Payout.
If you’re thinking that you’d be better off keeping the 33% by representing your own claim, think again.
A recent study conducted by the Insurance Research Council found that individuals who chose attorney representation for their personal injury claims walked away with 3.5x as much as those who represented themselves, on average.
Even better, that number was calculated after attorney fees.
There are many reasons why a Carabin Shaw attorney can earn you more than you would be able to get yourself. Regardless, this data clearly shows that representing yourself doesn’t necessarily save you money. In fact, you could be robbing yourself of a much higher settlement amount.
Injured in an Accident in San Antonio? Call Carabin Shaw
92% of people surveyed in 2019 said that they would want to sue for their personal injury, but more than half had no idea if they could afford an attorney.
Carabin Shaw has worked on a contingency fee basis for 30 years so that everyone can access the highest level of care after being wrongly hurt by another person’s negligent actions.
If you were seriously injured or lost a loved one in an accident in San Antonio, call Carabin Shaw immediately at 800-862-1260. Not sure if you have a case? Call anyway — we can help you find out. Plus, if we’re not the right fit for you, we can connect you to an attorney who can help.
There are no risks — no fees until we win, and no obligations for initial consultations. We look forward to serving you.