Jun 19 2008
How much does an accident attorney cost?
The fee that we charge for handling accident cases is one-third, or 33 1/3%, of the recovery. This is the standard fee that lawyers charge for handling accident cases. In the event that a lawsuit is eventually filed in connection with a claim, the fee goes up to 40% of the recovery, due to the additional legal work required when a lawsuit is filed. In most cases, however, we are able to settle clients’ claims without having to file a lawsuit, so in most cases, the fee is one-third of the recovery.
There is also another way of looking at the issue of attorney’s fees, and it has to do with a study that was done several years ago by the Insurance Institute. In that study, researchers found that accident victims who retain lawyers to help them with their claims recover approximately three and a half times more than people who attempt to settle their claims on their own. Read more here.


