Posted On June 22, 2020 Car Accidents

How Much Does a Car Accident Lawyer Cost?

Getting into a car accident can be a scary experience, and these incidents can leave drivers and passengers dealing with serious injuries. Unfortunately, a car accident can also lead to tremendous expenses for injury victims and their families.

One of the most challenging parts of recovering compensation is dealing with insurance carriers. It may be necessary to file a personal injury lawsuit in order to recover maximum compensation, but this will typically require assistance from a skilled Ontario car accident lawyer.

How much does an attorney cost in these cases?

How will an accident victim be able to afford an experienced attorney?

The answers to these questions may surprise you. Here, we want to discuss contingency fees, why they matter, as well as what types of compensation you may be entitled to for your car accident case.

What is a Contingency Fee?

Many personal injury and car accident attorneys work on a contingency fee for their cases. This means that the attorney will charge no upfront or out-of-pocket costs for a case. They will handle all costs related to the case. This includes costs related to:

  • Investigating and uncovering evidence
  • Having the client evaluated by a trusted medical professional
  • Hiring expert witnesses for the case
  • The full cost of a trial

The legal fees for these cases will be contingent on the attorney securing a successful settlement or jury verdict on behalf of the client. Any legal fees owed to the attorney will be paid for out of the final settlement or verdict based on a percentage agreed upon by the attorney and client before work begins on the case.

A contingency fee is truly a better route for these cases. Car accident cases can be unpredictable, and there is really no way to know for sure how many hours of an attorney’s time a case will take. Billing a client hourly would quickly exhaust a victim’s finances. However, by working on a contingency fee basis, both the attorney and the injury victim can focus on the case, not whether or not the money will run dry before a case is finished.

What Types of Compensation Are Available in a Car Accident Case?

The total amount of compensation available for these cases will vary depending on the specifics related to each particular situation. However, it is not uncommon for an attorney to help a client recover the following types of compensation after a car accident:

  • Coverage of all medical bills related to the car crash
  • Coverage for any future medical expenses
  • Lost income if a victim cannot work while they recover
  • Loss of future earnings or lost earning potential
  • Pain and suffering damages
  • Loss of personal enjoyment damages
  • Possible punitive damages against a grossly negligent driver

A skilled attorney will obtain all evidence necessary to properly calculate a victim’s costs. This will include not only gathering bills, receipts, and pay stubs, but also may include hiring economic and financial experts to calculate future expected losses. Finally, it may be necessary to use a multiplier method or daily cost analysis to calculate a person’s emotional distress damages, as these do not come with bills or receipts that make for easy calculations.

Request Your
Free Consultation
*Required Fields
  • This field is for validation purposes and should be left unchanged.
  • This field is for validation purposes and should be left unchanged.
Awards + Memberships

During the COVID-19 crisis, Montgomery|Steele is working and available to discuss your case with you. We can handle all of your legal needs without you leaving your house. Click here to see how.