Lawyer fees for a truck accident vary because most law firms handle these cases on a contingency fee basis. Therefore, the firm will charge you a percentage of your final settlement as payment for many legal services.
The percentage a law firm charges can vary based on the firm’s level of experience, size, and other factors. Generally, firms charge around 33%-40% of your final financial award. You can learn more about the exact fees associated with your case from an Indianapolis truck accident lawyer.
What are Truck Accident Lawyer Fees?
A lawyer’s fees for a truck accident cover the legal services you receive in the aftermath of a collision. These fees pay for the time a lawyer spends working on your claim. For example, any time spent investigating your crash or negotiating with the insurance company will come out of these fees.
Generally, law firms handle truck crash cases using a contingency fee system instead of an hourly rate. Therefore, your attorney’s final payment will not depend on how much time they spent actively working on your case.
Instead, your Indianapolis personal injury lawyer will receive a percentage of your final financial award. Therefore, your lawyer’s payment depends directly on how much money they can get for you after a crash.
Your Case Will Get
The Attention It Deserves
Do Lawyer Fees Cover All Truck Accident Costs?
Generally, the contingency fee charged by a truck accident lawyer will not cover all the legal costs of your claim. Instead, you may face additional litigation costs when seeking compensation for your losses.
For example, you may need to pay for:
- Filing fees
- Court fees
- Deposition transcripts
- The cost of hiring a court reporter
- Expert witnesses
Additionally, you may face costs related to evidence collection, printing or copying costs, and even postage costs, which may fall into the litigation costs category.
When Do You Pay Litigation Fees?
In many cases, you only have to pay litigation fees after the resolution of your truck crash claim. In fact, these fees may come directly out of your settlement or court award. However, some firms require you to pay litigation fees as they arise.
You should speak with your attorney about when and how you need to pay litigation fees before you sign any paperwork. Your lawyer should provide you with clear and straightforward information about these costs so you know what to expect.
An attorney can also provide more information about what lawyer fees are for a truck accident.
Does Hiring a Lawyer Benefit You?
Many people look at the costs associated with lawyer fees and wonder if they should seek professional help after a crash. Working with a lawyer can directly improve your chances of securing fair compensation for your losses.
Insurance and trucking companies often take advantage of accident victims who do not have help from a legal representative. Representatives for these companies may try to:
- Push you to take an initial subpar settlement
- Engage in stall tactics to delay paying for your losses
- Blame you for causing the truck crash
- Claim that your injuries came from another event
- Use your words against you
These companies prioritize their bottom line above everything else and know that denying your claim can save them money. Fortunately, you do not have to try to take them on alone. Hiring a truck crash attorney means you’ll have someone on your side to level the playing field who can:
- Deal with all legal communication
- Counter insurance company stall tactics
- Get copies of official accident reports
- Interview witnesses and take their official statements
- Get information from the truck’s data recorder
- Track all of your losses
- Handle negotiations or file a personal injury lawsuit on your behalf
You can rely on your attorney to handle all legal matters so you can focus on recovering from your injuries.
Compensation Available with a Truck Accident Lawyer
Hiring an attorney after a truck crash can help ensure that you get paid for all of your losses. Depending on your circumstances, a lawyer may help you get money to pay for your:
- Current and long-term medical costs
- Lost wages
- Diminished earning potential
- Emotional distress
- Mental anguish
- Pain that stops you from enjoying your life
- Loss of consortium
- Loss of companionship
- Property repairs
Attorneys know how to calculate all of your economic and non-economic losses, ensuring that the insurance company does not try to avoid covering your expenses.
Talk to Us About Truck Accident Lawyer Fees in Indiana
What are lawyer fees for a truck accident in Indiana? The exact fees can vary, but generally, law firms charge around 33%-40% in contingency fees for handling a truck crash claim.
You can learn more about our pricing structure at Vaughan & Vaughan when you contact us 24/7 for a risk-free initial consultation. We provide personalized and compassionate care to clients hurt in truck accidents and want to assist with all your legal needs.
We have more than a century of experience, and we’re ready to discuss your case now.
