Fee vs. Cost in a Personal Injury Case
In many instances, the words “fee” and “cost” mean the same. In a personal injury case, however, they are not as interchangeable.
Fee
A fee is what you will pay your attorney, which will usually be under a contingency agreement. A personal injury lawyer will charge a fee based on a set percentage of your settlement, which will be paid out to them from the money you are awarded once your case is settled.
The fee is to cover common expenses related to preparing and filing your case, which includes, but is not limited to:
- Medical record requests
- Expert witnesses (doctors who will testify or write opinion letters)
- Court filing fees
- Deposition transcripts
- Appearance fees
- Mediation fees
- Mailing and postage
- Photocopying
Fair & Square Fee Guarantee
What if you don’t recover enough from your settlement to compensate for your damages and also pay your attorney fee? We can’t speak for others, but Arthur Law Firm guarantees that when your case is resolved, our attorney fee will never exceed your net recovery. With our Fair & Square Fee Guarantee, you can trust Arthur Law Firm to protect your rights and recover all damages you are entitled to under the law without fearing you might pay more in legal fees than what you will recover from your settlement. If our attorney fee exceeds your net recovery, we will reduce our fee.
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Costs
The costs are any expenses related to your case. This includes the items listed above, as well as administrative and investigation costs, and more.
The attorney will likely pay these expenses as the case proceeds, but once a settlement is received, these items will be reimbursed to the attorney out of the claimant’s portion of the settlement.