How Are Personal Injury Lawyers Compensated for their Services?

Written by Adam Peck Category: Injury Law June 23rd, 2013 2 min read

Speaking on behalf of The Peck Law Group, our Personal Injury Lawyers are paid a percentage of the money you ultimately obtain as part of a settlement or at trial. This is called a contingency fee agreement. The contingency fee agreement is quite common in most personal injury matters handled by the Peck Law Group on behalf of its valued clients’.

The way this usually works is the Peck Law Group agrees to bring the claim and do their best to get a satisfactory settlement. If a settlement cannot be reached, then the lawyer will take the case to trial and ask a jury to decide what the client should be paid. At the beginning of the case, the client agrees that the lawyer’s pay will come out of the money he actually gets for the client; an agreed upon percentage of the amount collected. Once money is obtained for the client the lawyer then takes that percentage of the money collected.

The client and the Peck Law Group agree at the beginning of the claim that The Peck Law Group will pay all the litigation related costs of the case until money is collected for the client. At that time, the reimbursement of those litigation costs, in addition to the contingency fee, comes out of the money collected for the client. These litigation costs may include filing fees at the court house, costs for investigators, expert witnesses and the cost of obtaining medical records. These costs are separate and different than attorneys’ fees. Fees are to pay The Peck Law Group for their time, skill and effort. Costs cover expenses the attorney had to pay up front to advance a personal injury claim to a settlement or trial.

Finally, it also is usually agreed at the beginning of a case that if The Peck Law Group does not succeed in getting any money for the client, then the client will not owe any fees at all to The Peck Law Group. Fees in a personal injury claim almost always depend upon The Peck Law Group being successful in obtaining money for the client.

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Written by Adam Peck

Expertise: Personal Injury

Adam J. Peck, ESQ is a principal with Peck Law Group, APC. In 2008, Mr. Adam Peck received his Juris Doctorate from Whittier Law School where he graduated Cum Laude. His practice is primarily dedicated to representing Elders, Dependent Adults, along with their loved ones and family members, who have suffered horrific personal injuries.