How Much Does a New York Motorcycle Accident Attorney Cost?
A New York motorcycle accident attorney typically charges accident victims either a contingency fee or an hourly fee. The total cost to hire New York motorcycle accident injury lawyers will depend on several factors, including:
- The type of fee arrangement
- Whether the case goes to trial or is settled
- How much money the party at fault in the accident (or his or her insurance company) pays the accident victim
- How much the attorney spends in legal expenses while handling the case
Hiring a New York Motorcycle Accident Attorney on Contingency
When you hire a motorcycle accident attorney on contingency, you agree to pay the lawyer a percentage of any money you receive from the party at fault in the accident, plus expenses. If you do not receive any money, you typically will not have to pay the lawyer anything.
By far, contingency fees are the most common fee arrangement when hiring a personal injury lawyer.
Contingency fees offer a few advantages over hourly fees:
- The client pays no money up front
- The client pays no money out of pocket while the case is in progress
- The legal fees and expenses can be paid directly from any financial award that is received
- Because the attorney also benefits from a financial award, he or she should be motivated to work hard on the case
Before you agree to hire a New York motorcycle accident attorney on contingency, you can try to negotiate a lower percentage contingency rate. You can also ask the lawyer to calculate his or her fee based on the net award (after expenses have been deducted) and not the gross award.
Hiring New York Motorcycle Accidents Lawyers for an Hourly Fee
When you hire an attorney for an hourly fee (also known as an hourly rate), you are agreeing to pay the lawyer for any time he or she actually works on your case, plus expenses. You will be obligated to pay the lawyer regardless of the outcome of your case.
Although hourly rates are common in many types of legal practice (including criminal law and divorces), they are relatively uncommon in personal injury cases. If you are unable to find a New York motorcycle accident attorney who is willing to represent you on contingency, this may be a sign that your case isn't worth much money or has a weakness that could jeopardize your ability to win the case. Make sure you get a thorough case assessment before agreeing to spend money out of pocket on your case.
The Price of Hiring a New York Motorcycle Accident Attorney
Before hiring a lawyer, make sure you have a detailed understanding of how the costs will break down. Ask your lawyer to walk you through the fee agreement. You want to know:
- Are you paying the lawyer an hourly fee or on contingency?
- What is the hourly fee or contingency rate?
- Will you owe the lawyer anything if you do not win or settle your case? If so, approximately how much?
- How much does the lawyer estimate your case could be worth if it settles? If it goes to trial?
- Approximately how much would the lawyer be paid if your case settles? If it goes to trial?
- Approximately how much would you pay in legal expenses if your case settles? If it goes to trial?
- How much money would remain from your award after fees and expenses are deducted if your case settles? If it goes to trial?
Once you understand the cost breakdown, you'll have a much more accurate estimate of the cost of hiring a New York motorcycle accident attorney.