Most attorneys who believe a case has merit will take the case without payment up front. They will take the case on a contingency basis, which means they will receive a percentage of your award if and when you recover for your injuries. New Jersey has set limits on the amount of contingent fees an attorney may charge in a negligence action. The most current schedule is as follows: (a) 33 1/3 percent of the first $500,000, (b) 30 percent of the second $500,000, (c) 25 percent of the third $500,000, (d) 20 percent of the fourth $500,000, and (e) a reasonable amount approved by the court for amounts in excess of $2,000,000. If you and your attorney agree to a contingency fee, the attorney must put the agreement in writing and provide you with a signed copy. Some attorneys may charge an hourly fee or a flat fee for their services.
Out of pocket expenses include such things as filing fees, deposition fees, expert witness fees, and other similar expenses. The attorney’s out of pocket costs are in many cases not included in the attorney’s fees. You should be sure to pay attention to how an attorney will bill you for costs because they can amount to quite a significant sum.
Injuries cost money, including time away from work, medical bills, and other complications. Before taking legal action or trying to negotiate a settlement on your own, you should talk to an attorney about your case. You can search LawInfo’s legal directory to find a local personal injury attorney about the merits of your case. This one step can level the playing field, help you protect your rights, and put you in the best position for recovering the compensation that you deserve.