How much does it Cost?
Posted on Thursday, July 5th, 2018 at 4:54 pm
So how much does it cost to hire a personal injury or worker’s compensation attorney? I’m sure you’ve seen Ads, billboards, television commercials that say we don’t get paid unless you do. That’s because in our business as a personal injury lawyer or a workers’ compensation attorney we take a percentage or a contingent fee of any benefits or monies that we recover from you as how we get paid. So in that way we are a team, we are in this together, we always have your best interest in mind and if we don’t produce for you, we don’t make a fee.
In a personal injury case, for instance, you also pay for what are called costs and depends on how far into the litigation you go, depend on what kind of case it is, to figure out what the costs are – but here at Zavodnick, Zavodnick & Lasky we share in the cost and we take what is called a net fee on our personal injury matters meaning we share in the costs by taking those off the top of the total amount of any judgment or settlement and then we take our percentage fee, here at Zavodnick, Zavodnick & Lasky our percentage fee is one-third net fee of any proceeds that you are to receive in a settlement.
For instance, say a case was resolved for $100,000, and out of that we spent $10,000 in cost – things such as filing fees for the court, spending money on medical experts to issue a report to testify in your behalf to tell us what your injuries are and what future medical treatment you may need. We take those costs right off the top and then the $10,000 gets reimbursed and then we receive one-third of our contingent fee from the remaining $90,000 and therefore our fee will be $30,000 and the remainder will be $60,000 which will be payable to the client.
Also, in any type of personal injury case, at the end of the case when it resolves by settlement or by judgment, you will receive from our office something called the settlement sheet so you get a clear and concise written statement from us that at the end of your case, showing you exactly where every penny on your case went.