Not all personal injury firms are made equally. Some firms operate entirely on volume. Take Walmart, for instance. Their stores run on razor-thin profit margins and manage to make billions each year. Why? Because their volume is so high, the profit margin does not matter. Eventually, it will add up to billions. Smaller stores operating on much higher profit margins (and charging more) will never compete with Walmart’s volume.
Personal injury attorneys can operate just like Walmart. They take on clients, settle their cases for a little more than the insurance company is offering, and because they take on so many clients, they earn a profit. However, you do not want to be one of a hundred active clients with open cases on your lawyer’s desk, and you do not want to settle your case for a penny less than its worth. You will only get one chance to litigate your claim. So, how do you screen lawyers to determine if their firms are settlement mills, or you are going to be getting the individual attention you deserve?
Personal injury lawyers are ethically obligated not to answer questions like this precisely. They can say something to the effect of, “In similar cases I’ve tried, I’ve seen settlements of such and such amount.” Or, “with these sorts of injuries, you can expect to recover medical expenses, lost wages, and pain and suffering.” Since your lawyer probably is not going to know how much you make a week, there is no way that he can know how much your settlement would be. You would be entitled to recover wages related to lost pay from injuries, but a doctor would be entitled to recover more than someone else because they are potentially losing more money if they are forced to take time off work to recover. So, your lawyer cannot tell you how much money you will get, and those “personal injury calculators” are not accurate at all.
Personal injury lawyers work on a contingency basis and generally take between 33%-40% of the gross settlement or award in your case. This can still be lucrative for plaintiffs who are getting low-ball offers from the insurance company. Your attorney may also have to hire expert witnesses, which would be taken out of the total cut of the money. Fees are not paid by the plaintiff until after a recovery is made by settlement or judgment.
If you are unsuccessful, you owe nothing to your lawyer for fees. However, the client may be responsible for the expenses incurred in handling the case (expert witness fees, court costs, trial expenses, etc.), as these are generally not contingent upon success in your case.
Contact Lafferty, Gallagher, & Scott today to set up a free consultation. We would be more than happy to discuss these questions and any other you have about your particular case.
I was hurt in a very bad car accident. I worked with Attorney Scott and he was so patient with me. He gave me options and communicated very well with me. Nicole in the office, she was beyond amazing! She…
Our family worked with Joe Hartle to finalize the adoption of our daughter last fall. So while we were not the typical client of this firm, we still had a great experience. Joe is the best, was so friendly, easy…
Attorney Scott helped me with my car accident case. I highly recommend Attorney Scott. He was very good about explaining things to me, and I am very happy with the results. Thank you!
Attorney Lafferty handled my car accident vs. pedestrian case. Very happy with the service and representation he provided. Great result!
Attorney Scott was wonderful in his representation of me for my car accident.
I was represented by Joe Hartle, who did a great job with my auto accident claim. Very happy with the end result.
Highly recommended. The attorneys are very knowledgeable, helpful, and friendly. They did an outstanding job representing us after a terrible car accident caused us serious injuries.
Joe Hartle represented us in a wrongful death case involving a semi-truck. He did an outstanding job during a very trying time in our life. Thank you!
Excellent service all the way around. Happy to recommend Lafferty Gallagher & Scott
Very professional and informative. Thank you to Attorney Jon Lafferty.