Calculating fees for personal injury attorneys is commonly done through a contingency fee arrangement, in which their fees depend on winning the case.
That is true at the Hollingsworth Law Firm, too. Our Houston personal injury lawyers take all accident and injury cases on a contingency basis. This, as stated, means if we do not win your case, you will not pay our legal fees.
If the case is won, our attorneys will be paid a percentage of the settlement or verdict. This percentage is transparently outlined, discussed with our clients, and written in our agreement before we start. This allows our clients to understand our fees and how they are collected without confusion.
The primary advantage of a contingency fee is that it allows individuals who might not have the means to pay for legal services and upfront costs to pursue their case without incurring additional debt.
Here, we discuss the other advantages for our clients and law firm.
What are the Advantages of Contingency Fees for Personal Injury Attorneys in Texas?
As mentioned, contingency fees allow individuals who might not have the financial means to pay upfront legal fees to access legal representation. This enables individuals with valid personal injury claims to pursue compensation without worrying about immediate financial burdens.
In addition, other advantages of working on a contingency basis include:
- Incentive for Success
Since our personal injury attorneys in Houston only get paid if we win the case or obtain a settlement, we are highly motivated to achieve the best possible outcome for our clients. This alignment of interests ensures our attorneys work diligently and efficiently to build a strong case and maximize client compensation.
- Risk Reduction for Clients
Contingency fees shift the financial risk from the client to our attorneys. Clients don’t have to worry about paying legal fees out of pocket, regardless of the case’s outcome. If our attorneys do not secure compensation, the client typically does not owe any fees.
- Quality Representation
Our attorneys working on a contingency fee basis are often selective about the cases we take on. We are more likely to accept cases we believe have merit and are winnable. This can result in a higher quality of representation as our attorneys focus our resources and efforts on cases with solid potential for success.
- Efficient Use of Resources
Our attorneys working on contingency fees are vested in efficiently managing resources and expenses related to the case. We are incentivized to pursue cost-effective strategies and avoid unnecessary litigation expenses to maximize our client’s net recovery.
- Fair Compensation
Contingency fees are typically based on a percentage of our client’s final settlement or award. This fee structure ensures that our attorneys are fairly compensated for their time, experience, and effort while allowing clients to retain a significant portion of the compensation awarded.
- Greater Access to Justice
By offering contingency fee arrangements, our personal injury attorneys contribute to greater access to justice for individuals injured due to negligence or wrongdoing. This helps level the playing field against well-funded defendants and insurance companies, allowing our injured clients to seek fair compensation for their losses.
Contact our Houston Personal Injury Attorneys at Hollingsworth Law Firm Today
If you have been injured because of another person or party’s negligence in Texas, contact our dedicated Houston personal injury attorneys at the Hollingsworth Law Firm today for a free case evaluation. Call (713)-637-4560 or contact us online.
Our skilled bilingual personal injury lawyers and support staff represent clients throughout Texas on a contingency basis, so you never pay any legal fees unless we win your case.
If you are ready to fight for the compensation you deserve, so are we. Let us take the lead.
