There is no fixed amount that lawyers charge for truck accident claims. The amount that a truck accident lawyer can charge you often rests on how much you receive in your accident claim. Injury attorneys typically enter into a contingency fee agreement instead of a fixed hourly rate. In this type of arrangement, a portion of your recoverable compensation will go to them. This percentage depends on what you and the attorney have agreed upon, though it usually is at around one-third of your total damages.
Besides your recoverable damages, a lawyer must consider other factors when charging fees for their services. These include the labor put into forming your claim, the skill level required, and time constraints. They cannot charge you high fees without a valid reason.
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Limits to the Fee Percentage
Florida’s Rules of Professional Conduct limit the percentage that a lawyer can charge you in your truck accident claim. If you can settle before the liable driver formally responds to the case, the lawyer can only charge up to 33.3% for amounts of up to $1 million. If, for instance, you settled for $875,000 in your truck accident claim, your attorney would get around $290,000 if you agreed to pay them the percentage mentioned earlier.
For damages between $1 million to $2 million, attorneys are allowed 30%. If the total compensation exceeds $2 million, they can only charge you 20% at most. If the other motorist has already responded or if the case has already gone on trial, the lawyer’s share could increase. They may charge up to 40% for damages reaching $1 million. However, they can still only charge 30% for amounts between $1-2 million and 20% for those above $2 million.
Fort Lauderdale and the rest of Florida typically does not include attorney fees in the compensatory damages in truck accident claims or lawsuits. Instead, they use the “American Rule,” which states, per the Department of Justice (DOJ), that you must pay for your lawyer’s fees. The only exceptions are if a statute includes them in specific situations or if a contract stipulates that the liable party must pay for you.
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We are Here to Provide Legal Assistance
There is no strict value on how much lawyers charge for truck accident claims in Fort Lauderdale, as it will depend on several factors in your situation. If you are interested in a legal team that will only get paid when you do, you can get in touch with the Law Offices of Anidjar & Levine today. Our lawyers operate on a contingency fee basis, so you can hire us without paying anything upfront.
Our law firm has handled injury claims in Fort Lauderdale and throughout Florida since 2005. Besides truck collisions, we can also work with you on other practice areas, including boating accidents, dog bites, and defective product cases. For inquiries about our services, call the office at 1-800-747-3733. We are available 24/7 to accommodate your concerns.