Sunday, May 17, 2020

Ways A Injury Lawyer In Barrie Gets Paid In Personal Injury Cases

When it comes to personal injury cases, the plaintiffs and even their personal injury lawyer in Barrie have a lot of flexibility in deciding how they want to keep the payment system in place. Most of the times in personal injury cases, the payment of the lawyer is also dependent on which side of the lawsuit he is representing. Things can change drastically if they are representing the plaintiff than if they are representing the accused in personal injury cases as winning the case may mean different things to different parties.

When an injury lawyer in Barrie is representing the plaintiff or the person who has got injured in the mishap, he or she will usually get paid according to the contingency fee agreement. This would in normal terms mean that the lawyer will not get anything in payment if he or she loses the case to the opposite counsel. This means that in case the lawyer is able to get a recovery money for his client, only then he would be paid for the case. Usually in such arrangements, the percentage decided between the lawyers and the clients is around 33%. Sometimes it might be up or down a couple of percent but normally, it remains in the same range.

There are certain kind of variations when it comes to these lawyers representing the plaintiff. Sometimes the arrangement is that of an hourly pay-out. In this arrangement, the lawyer receives a lowered hourly payment for the entire time that he represents the client irrespective of whether the client wins the case or not. In this arrangement, the lawyer receives an additional bonus if his client wins the case and gets a compensation which is according to the expectations.

The other kind of arrangement that is usually there between the plaintiff and the personal injury lawyer in Barrie hired by him for the case is that of sliding scale contingency. This works in a similar way as the mixed hourly contingency and the only difference is that as the case progresses, the fees of the lawyer go up steadily. In case the lawyer is able to settle the case even before the negotiations begin, the fee percentage of the lawyer is about 25%. If in case the plaintiff is able to win the lawsuit after the case is filed and has entered the trial stage, the lawyer will receive about 40% as his fees.

The third arrangement is that when the injury lawyer in Barrie represents the plaintiff and doesn’t get anything till, he is able to get the recovery done for his client. However, what is different in this arrangement is the fact that depending on the time spent on the case, the fees of the lawyer also increase or decreases significantly. So, the lawyer and plaintiff can agree to the arrangement that suits them the best. Visit Here: Makaronets Personal Injury Law