If you’ve been involved in a car accident in Buffalo, New York, and you’re considering legal representation, you’re likely wondering about lawyer fees and how they impact your potential settlement. At Friedman & Ranzenhofer, PC, we understand the complexities of personal injury law — and strive to provide clarity on this matter.
How much do lawyers take from a settlement?
In New York State, it’s common for car accident lawyers to work on a contingency fee basis. This means that your lawyer will only collect a fee if they successfully obtain compensation for you. Typically, the standard contingency fee is one-third (1/3) of the recovery. This fee structure ensures that legal representation is accessible to everyone, regardless of their financial situation.
Understanding Contingency Fees
Contingency fees are designed to alleviate the financial burden on accident victims. With this fee arrangement, you won’t have to worry about paying upfront costs or retainer fees. Additionally, most law firms cover the expenses associated with pursuing your case — including court fees and investigation costs.
At Friedman & Ranzenhofer, PC, we operate on a contingency fee basis, meaning you won’t owe us anything unless we secure compensation for you. This fee structure incentivizes us to work diligently on your behalf, as our payment is directly tied to the outcome of your case.
Factors That Impact Your Settlement
Several factors influence the value of your car accident settlement. These may include:
– The extent and severity of your injuries
– Medical expenses, both current and future
– Lost wages and diminished earning capacity
– Property damage
– Evidence supporting your claim
– Comparative fault
– Insurance policy limits
By thoroughly evaluating these factors, our experienced attorneys can provide an accurate assessment of your case’s worth and pursue the maximum compensation available to you.
Robert Friedman
Michael Ranzenhofer
Sam Alba
Justin Friedman
John Dracup
Factors to Consider When Hiring a Car Accident Lawyer
While understanding lawyer fees is important, there are several other factors to consider when selecting a car accident lawyer to represent you. These factors can greatly impact the outcome of your case and your overall experience with legal representation.
Experience
Look for a lawyer or law firm with extensive experience handling car accident cases. An attorney who focuses on personal injury law and has a track record of success in similar cases is more likely to achieve favorable results for you.
Reputation and Reviews
Research the reputation of the lawyer or firm you’re considering. Read client testimonials and reviews to get a sense of their past clients’ experiences. Additionally, check if the lawyer has received any professional accolades or recognitions in the field of personal injury law.
Communication and Accessibility
Effective communication is key to a successful attorney-client relationship. Choose a lawyer who is accessible and responsive to your questions and concerns. You should feel comfortable reaching out to your attorney for updates on your case and clarification on any legal matters.
Resources and Support Staff
Consider the resources and support staff available at the law firm. A reputable firm with a dedicated team of legal professionals can provide comprehensive support throughout the duration of your case, ensuring that no detail is overlooked.
Personalized Approach
Look for a lawyer who takes a personalized approach to each case. Your attorney should take the time to understand your unique circumstances and goals, tailoring their legal strategy to best meet your needs.
Fee Structure and Transparency
In addition to understanding the lawyer fees, ensure that the fee structure is transparent and clearly outlined in the retainer agreement. You should fully understand how and when you will be billed for legal services.
Trial Experience
While most car accident cases are settled out of court, it’s important to choose a lawyer with trial experience in case your case does go to trial. A litigator will be prepared to advocate for your rights in the courtroom if necessary.
By considering these factors and conducting thorough research, you can make an informed decision when hiring a car accident lawyer. Remember that your choice of legal representation can have a significant impact on the outcome of your case and your ability to recover compensation for your injuries and losses.
Will My Personal Injury Case Go To Trial? Choosing a Personal Injury AttorneyRelated Videos
Why Choose Friedman & Ranzenhofer, PC?
When selecting legal representation for your car accident case, it’s essential to choose a firm with a proven track record of success. At Friedman & Ranzenhofer, PC, our team of dedicated attorneys is committed to securing favorable outcomes for our clients. With decades of experience in personal injury law, we have recovered substantial settlements and verdicts on behalf of accident victims throughout Buffalo and Western New York.
Our firm operates with integrity, professionalism, and a steadfast commitment to client advocacy. We understand the challenges you may be facing in the aftermath of a car accident, and we’re here to provide the support and guidance you need during this difficult time.
If you’ve been injured in a car accident and need legal representation, don’t hesitate to contact Friedman & Ranzenhofer, PC for your free consultation.