Understanding Attorney's Fees in Personal Injury Cases
When you’re dealing with the aftermath of a personal injury, it’s important to have a clear understanding of how attorney’s fees are structured and what they entail. At The Law Offices of Michael Alan Siddons, Esquire, PLLC, we value transparency and believe in providing our clients with a comprehensive understanding of the financial aspects of their legal representation. We want you to feel empowered to make informed decisions about pursuing your personal injury claim, knowing exactly how our attorney’s fees work and how they align with your best interests.
Attorney’s fees in personal injury cases are typically structured on a contingency fee basis. This means that you only pay attorney’s fees if your case is successful and you receive compensation. It’s a financial arrangement that provides you with the advantage of not having to pay any upfront fees or out-of-pocket expenses. Instead, your attorney’s fees are calculated as a percentage of the final settlement or court-awarded amount.
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80% of Cases Resolved without Trial
It’s important to note that the majority of personal injury cases are resolved through negotiations and settlements before reaching trial. Our experienced attorneys are skilled negotiators, working diligently to secure favorable settlements that spare you the time, stress, and expenses associated with a trial. We understand the impact that a personal injury can have on your life, and our goal is to reach a resolution that meets your needs efficiently and cost-effectively. By resolving cases outside of the courtroom, we strive to minimize additional financial burdens while still ensuring that you receive fair compensation for your losses.
25% Contingency Fee (No Trial)*
In cases where your personal injury claim is settled without the need for a trial, we offer a highly competitive attorney’s fee of 25% of the awarded amount plus attorney costs**. This fee structure ensures that you retain a significant portion of your rightful compensation, enabling you to cover medical expenses, lost wages, and other financial burdens resulting from the accident.
33.3% Contingency Fee (Trial)*
If your case proceeds to trial and results in a successful outcome, our attorney’s fee is set at 33.3% of the awarded amount plus attorney costs**. We understand that trial cases often involve additional time, resources, and litigation expenses. Our fee structure takes these factors into account while striving to provide you with competitive and reasonable pricing within the industry. Rest assured that we will diligently represent your interests and fight for the compensation you deserve, using our expertise and experience to navigate the complexities of the courtroom.
Comparing Industry Standards
We believe in providing fair and competitive pricing for our legal services. When considering attorney’s fee percentages charged by other firms, you will find that many personal injury attorneys charge contingency fees range from 33% to 40%-or even more! However, at The Law Offices of Michael Alan Siddons, Esquire, PLLC, we offer a lower contingency fee of 25% for cases settled without trial. This demonstrates our commitment to providing you with a more favorable financial arrangement, ensuring that you receive a fair portion of your rightful compensation. We believe that you should not have to compromise on quality legal representation due to excessive fees.
Zero Financial Risk: Our "No Win, No Fee" Commitment
We understand the financial concerns that come with pursuing a personal injury claim. To provide you with peace of mind, Michael Allan Siddons operates under a “no win, no fee” policy. This means that if, unfortunately, your case does not result in a favorable outcome, you are not responsible for paying any attorney’s fees. Our unwavering commitment to this policy underscores our dedication to your success and ensures that you do not face any financial risk throughout the legal process. With us by your side, you can pursue your claim with confidence, knowing that we are fully invested in your case and will tirelessly advocate for your rights and interests.
Example scenario of Our Firm's pay structure vs Other attorneys.
Didn't go to Trial
| Us | Other Firms | |
|---|---|---|
| Contingency Fee | 25% | 33% |
| Costs** | $10,000 | $10,000 |
| Awarded Amount | $1,000,000 | $1,000,000 |
| You Pay | $260,000 | $340,000 |
| You Get | $740,000 | $660,000 |
Went to Trial
| Us | Other Firms | |
|---|---|---|
| Contingency Fee | 33% | 40% |
| Costs** | $10,000 | $10,000 |
| Awarded Amount | $1,000,000 | $1,000,000 |
| You Pay | $343,000 | $410,000 |
| You Get | $657,000 | $590,000 |
Schedule a Consultation: Get a Clear Understanding of Your Attorney's Fee
Ready to take the next step in pursuing your personal injury claim? We invite you to schedule a consultation with our experienced team at The Law Offices of Michael Alan Siddons, Esquire, PLLC to gain a clear understanding of our attorney’s fee structure and how it aligns with your specific case. During this consultation, we will provide you with personalized attention and evaluate the details of your case in depth.
Our primary goal is to ensure that you have all the necessary information to make informed decisions about your legal representation. We understand that attorney fees can be a significant concern, which is why we prioritize transparency and fairness in our fee structure. We want you to feel confident and empowered as you move forward with your personal injury claim. Schedule a consultation today to gain a comprehensive understanding of our fee structure and how we can support you in seeking the compensation you deserve.
*25% and 33% Contingency Fee structure may not be applicable to current clients or cases referred to our firm by other law firms.
**Attorney costs may include but are not limited to filing fees, service costs, facsimile costs, photocopying costs, long distance telephone calls, courier or messenger service costs, computer research charge, travel expense costs, postage costs, court reporter costs, investigation costs, witness fees, medical records, doctor’s reports, expert witness expenses, storage fees and/or any similar costs or expenses.