Our attorneys aren’t compensated like most in the personal injury industry. Here’s why.
I wanted to take a moment today to talk about how attorney’s fees work. There are all different types of attorneys and all different types of fees.
Many attorneys work off billable hours, while others work off of a retainer. Others do work on a flat-fee basis, where they will set out all the charges with you from day one.
With personal injury law, things work a little differently. We all work on contingency agreements. This means that we only get paid if we can recover for you and we take a percentage. That’s how all injury attorneys work. Sometimes there isn’t a recovery or more hours would be put in than the case value would yield, which is good for the attorney but bad for their client. The national standard and the standard in San Diego is to take around ⅓ of what we can recover and 40% if it goes to litigation.
Our office works a little bit differently. We believe that the attorney has taken the lion’s share for far too long and we don’t think that’s the right way to practice law or treat other human beings. We will never take a dollar more for our attorney’s fees than our client will receive after all their medical bills are paid for.
In other words, we eliminate any insecurity or unfairness from day one. It will never be a situation where we get more than you do, even if we have to reduce our fees. It’s the right way to practice law. It puts the clients interest before our own which is, unfortunately, a crazy concept in our industry. We’re working to change that.
If you have any questions for us in the meantime about this topic or anything else, don’t hesitate to give us a call or send us an email. We look forward to hearing from you soon.