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How Much Do Ohio Boat Accident Attorneys Charge?

Most Ohio boat accident attorneys will charge their clients either an hourly fee or a contingency fee. The specifics of the fee arrangement is the biggest factor affecting the cost of hiring Ohio boat accident lawyers, but several other factors will also influence the total price. These include:

  • Whether the case settles or is decided at trial
  • How much money-if any-the Ohio boat accident victim receives from the party at fault in the accident
  • How much money the lawyer incurs in legal expenses while handling the case

Hiring Ohio Boat Accident Attorneys on Contingency

The majority of Ohio boat accident attorneys will charge accident victims what is known as a contingency fee.

When a personal injury accident attorney takes a case on contingency, the client agrees to pay the lawyer a percentage of any money the attorney obtains on the client's behalf. If the attorney is unable to win a judgment or negotiate a settlement for the accident victim, the attorney is paid nothing. If money is obtained, the accident victim will also be responsible for reimbursing the attorney for any expenses incurred in handling the case.

Contingency fee percentages vary from region to region, but most Ohio personal injury lawyers, including boat accident attorneys, will typically charge approximately the same percentage. You can, however, try to negotiate a lower percentage. You should also ask the attorney whether the percentage is paid from the gross award (the amount of money received before expenses are deducted) or the net award (the amount of money received after expenses are deducted).

There are a few advantages to contingency fees: As the injury victim, you pay nothing if your Ohio boat accident lawyer is unable to obtain a judgment or settlement on your behalf. You will not be required to make any up-front payments. And because the lawyer also stands to benefit financially, he or she is motivated to obtain the largest settlement or judgment possible.

The disadvantage of contingency fees is that if your case settles quickly or for a large sum of money, you may feel as if the attorney did not earn his or her entire fee.

Hourly Rates in Personal Injury Lawsuits

Infrequently, an Ohio boat accident attorney will offer to represent a boat accident victim for an hourly rate. In this case, the client is responsible for paying for the time the attorney actually spends on the case, plus expenses, regardless of whether the case is won or lost.

If Ohio boat accident attorneys are only willing to take your personal injury case for an hourly rate, it may be a sign that your case is weak, unwinnable, or worth little money. Consider asking the law firm if they represent other accident victims on contingency and why they are unwilling to take your case on contingency.

The Cost of Hiring an Ohio Boat Accident Attorney

Whether you hire an Ohio boat accident attorney on contingency or for an hourly fee, it is important to remember that you are not guaranteed to receive an award that meets or exceeds the total cost of your medical bills, lost wages, and other injury-related expenses. You will still be responsible for paying the lawyer's bill even if this means you have to pay some injury-related costs out of pocket.

When considering an attorney, ask him or her how much your case could reasonably settle for or how big a judgment you could receive if the case went to trial. Then ask the lawyer to walk you through the math:

  • Based on the settlement and judgment estimates, approximately how much would you pay in legal fees?
  • Approximately how much would you pay in expenses?
  • How much would remain after legal fees and expenses?
  • Would you owe the lawyer any money if the case cannot be won or settled?

Doing this exercise should help you better understand the total cost of hiring Ohio boat accident attorneys.