Hiring a personal injury law firm to help you after an injury is one of the most important things you can do to improve your financial situation. You may think that receiving money as a result of an insurance claim is the ultimate answer to obtaining monetary compensation. The problem with this type of erroneous thinking is that an insurance agency is not following regulations regarding your legal right to file a lawsuit. When you make an appointment with a personal injury lawyer, you have a chance to win a settlement enabling you to receive recompense extending beyond the realm of the negligent party’s insurance policy. Here are four benefits you receive when you work with a personal injury law firm:
1. You do not need to pay any upfront retainer fees.
A personal injury lawyer belongs to a distinct class of attorneys who do not charge retainer fees. Instead of paying a retainer fee, you pay the lawyer’s fees on a contingency basis, which means that you do not pay any money unless you win your case. Your initial appointment is free. During a private consultation with an experienced personal injury lawyer, you learn whether the lawyer thinks you have a legitimate case. If the attorney decides to accept you as a client, you sign a contract agreeing to pay the lawyer a specified percentage of your winnings.
Note that the specified percentage only applies if you win your case. It does not matter if the case is won in front of a jury or via a private agreement between your lawyer and the opposing party’s attorney. Consequently, hiring a personal injury law firm after an injury gives you a chance to win a substantial settlement regardless of the percentage owed to the attorney who provides you with legal representation.
2. You have a unique opportunity to win a monetary settlement.
If you are suffering from a serious injury, you may have lost your job. You may not have any extra money in your checking account. You may not even have a savings account. Your injury may prevent you from working at any job. Although money can never repay you for your injuries, a monetary award gives you the financial security you need for buying groceries, making timely mortgage payments, paying your outstanding medical bills and buying prescribed medicines.
3. A personal injury lawyer knows how to interpret the law.
Filing a lawsuit because you are the victim of negligence involves understanding complex laws that exist for your benefit. The law offers specific regulations regarding serious personal injuries. Whether your injury is caused by a negligent driver, a defective product or medical malpractice, your personal injury lawyer understands complex legal regulations that may benefit your future. As a client, a reliable personal injury lawyer tries to help you win a substantial amount of money based on a number of intricate legal applications.
4. A personal injury attorney offers hope in a hopeless situation.
After an injury, a feeling of hopelessness inevitably settles into the mind. However, it only takes one visit at the right personal injury law firm to change a hopeless mindset into a hopeful outlook. Once a personal injury lawyer agrees to represent you, your entire outlook begins to change. Your former negative attitude becomes positive because someone has agreed to fight for your legal rights before a judge and a jury. Whether you win your case in front of a jury or via an out-of-court settlement, your peace of mind is the ultimate reason that necessitates an immediate phone call to a personal injury law firm.