Kentucky Accident Victims Cautioned to Question Their Attorney’s-Louisville, Kentucky Injury Attorney

Kentucky accident attorney Mike Schafer warns accident victims to make sure they understand the contract they sign with their attorney to avoid getting hurt again, financially. 

If you, or someone you love, have been injured in an accident you will more than likely find yourself looking for an attorney to represent you.  There are so many issues that will more than likely be running through your mind, doctor bills, going to court, perhaps getting your car repaired or replaced and how long the process will take. 

These issues are very important but don’t let them cloud your understanding of the contract you will be signing in reference to the attorney’s fees.  There are no set fees that must be charged in auto accident cases in Kentucky. Most lawyers work on a contingency fee basis. This means you will pay the attorney a percentage of your recovery, and not a flat fee or an hourly fee. You don't have to pay any money up front to hire an attorney. In most instances you will not owe the attorney a fee if a recovery is not made for you in the case. The contingency fee is usually 33 and 1/3 %. I have seen contingency fees as high as 50% and as low as 25%. I have also seen sliding scale fees that are a certain percentage if the case is settled before filing suit. It goes up again if suit is file. Up again if there is a jury trial. Then up again if there is an appeal! What a lawyer charges you is an agreement between you and that lawyer. Make sure that you read the contract and understand it. If there is anything you do not understand, ask questions until you are sure that you do. You will legally bound by what you sign.