At Charles J. Argento, our Houston personal injury lawyer knows if another party’s negligence has injured you, you have legal rights and options to pursue compensation for your damages by filing a personal injury claim with the liable party’s insurance carrier. The goal is to recover medical bills, lost wages, and other expenses stemming from the incident that resulted in your injuries.
Partnering with a skilled personal injury attorney is a great way to get started on your claim while you focus on your physical recovery. The problem is, if you have mounting medical bills and are out of work because of your injuries, how can you afford to pay an attorney?
Most Texas personal injury lawyers, including ours, work on a contingency fee basis.
However, there may be confusion about what “contingency fees” entail when partnering with an attorney after a Texas car accident or premises liability incident with injuries. Here, we explain why hiring a personal injury lawyer costs less than you think.
What Do Personal Injury Attorney Contingency Fees Mean for Texas Clients?
Contingency fee arrangements make legal representation more accessible for individuals who have suffered injuries and face financial challenges. We communicate openly with our clients throughout the legal process so they fully understand the terms of our transparent contingency fee agreement.
Working with our dedicated Houston personal injury attorney on a contingency basis means:
- No Upfront Costs
In a contingency fee arrangement, the client (the injured party) does not have to pay their attorney any upfront or hourly fees. This benefits individuals who may not have the financial means to hire an attorney on a traditional fee basis.
- Agreed Percentage
Instead of charging hourly rates, our attorney and the client agree on a specific percentage of the final settlement or court award the attorney will receive as compensation. This percentage is typically determined before the attorney starts working on the case.
- Legal Costs
While our attorney does not charge upfront fees, the client may still be responsible for certain legal costs, like filing, court, expert witness, and other expenses related to the case. However, these costs are often paid out of the settlement or court award and are not required to be settled by the client if the case is unsuccessful.
- Our Attorney’s Fee is Contingent on Success
The contingency fee is called that because it is contingent on our attorney successfully resolving the case through a settlement or court judgment. If there is no recovery, our attorney does not receive a fee. This aligns with the interests of our attorney and the client, as our compensation is directly tied to the case’s success.
- Written Agreement
Texas law requires contingency fee agreements to be in writing and signed by the client and our attorney. The agreement must specify the method by which the fee is to be determined, including the percentage, and should clearly outline any additional costs for which the client may be responsible.
- Review and Approval
Before the contingency fee agreement becomes binding, our personal injury attorney in Houton thoroughly explains its terms to the client. The client then has the opportunity to review and approve the deal before signing.
Contact Our Dedicated Personal Injury Attorney in Texas to Schedule a Free Consultation
If you have been injured or lost a loved one in an accident caused by negligence, contact Charles J. Argento for help today. Our experienced personal injury lawyer in Houston will work to build a strong case on your behalf and maximize the compensation you may be entitled to for your injuries and losses. Schedule a free consultation by calling 713-225-5050 or contacting us online so that together, we can pursue justice by holding the negligent person liable for your full financial recovery.