If you are anything like the average person, money is probably not something you just have an abundance of just sitting around. Your money is precious, and your budget is planned. For this reason, it is easy to surmise that in the case of a personal injury case, the cost of hiring an attorney is simply too expensive, and unaffordable. However, this misconception is false and could end up costing you more money than you had imagined.
When people think about an attorney, they tend to think about retainers and other upfront costs. So naturally, when funds are limited after an accident, there is a concern that coming up with the funds to pay an attorney could be a problem. Understand that with many personal injury cases, there are no upfront attorney fees. Attorneys will sometimes waive these costs, and instead, only get paid after your claim has been settled.
Partnering with an attorney will not only limit the amount of money that you have to pay upfront, but it will also limit the amount of out-of-pocket costs you incur in terms of your medical treatment. When you work with an attorney, they can work with your medical providers to postpone your billing or have it sent directly to the insurance company. When you do not have an attorney, there is a chance that you will be forced to pay these bills out of pocket and then wait to be reimbursed after the claim is settled.
Accurate Claim Value
There is always the risk that you could undervalue your claim if you do not have an attorney on your side. How much a claim is worth varies from person-to-person, as your level of care, earnings, and other factors influence the amount you may be awarded. The benefit of having an attorney represent you is that they should know how to accurately value your claim so that you can rest assured you are getting everything you deserve.
Reduced Claim Period
When you partner with an attorney, you can save money and avoid some of the pitfalls that come along with a delayed claim processing period. The longer it takes to settle your claim, the more money you may have to pay out of pocket and the more risks you could face due to lost wages, and other expenses. An excellent thing about working with an attorney is that they typically have a proven ability to settle claims in a shorter amount of time than you could on your own.
Remember, an attorney can improve your chances for a successful claim. If you or a loved one has been involved in an accident, it is a good idea to speak to an attorney to learn more about your options. Contact a personal injury attorney for more information.