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A Fair Price for Legal Services
How much will it cost to hire a lawyer? It depends on your case, and what arrangements you make. Learn about some of the options.
Even after winning a court case, people sometimes may come away feeling uneasy when it comes to the amount of an appropriate fee for a lawyer. Most people understand that an experienced lawyer's assistance can potentially be invaluable to a case, and that any legal counsel isn't cheap, but knowing the difference between a fair price and an excessive price is difficult because circumstances vary from case to case. Here are a few helpful guidelines on how lawyers' fees generally work.
Injury or Accident Cases: Most personal injury cases are charged on "contingency," meaning that the lawyer agrees to take a certain percentage of the settlement or judgment, usually one-third. After the contingency fee is paid, the remainder goes to the client. If the client does not win the case, there are no lawyer's fees. A contingency can also be on a sliding scale -- the lawyer gets a higher percentage if the settlement or judgment is large, a lower percentage if the award is smaller.
Non-Injury Civil Cases: Family law, estate planning, real estate, and almost all other non-injury civil cases are billed on an hourly basis, which can vary greatly from case to case and lawyer to lawyer. Factors such as the lawyer's experience and type of case will affect hourly pricing. While a lawyer experienced with cases similar to yours might be desirable, expect to pay more for any specialization. Also, expect to pay an initial retainer when the lawyer agrees to take the case, to secure the lawyer's services.
Retainers: A retainer is a dollar amount that represents a certain number of the lawyer's work hours at a set price, sometimes representing an estimate of the total cost of the lawyer's services on the case. A client pays a retainer in advance. By accepting the retainer, the lawyer is agreeing to not only work on your case, but also not to accept any cases that might present a conflict of interest with the case.
FAQs
- Is having a lawyer "on retainer" the same thing as paying a "retainer fee"?
- Are there any practical considerations to keep in mind when choosing a lawyer?
- Where should I start to look for a lawyer?
- A friend recommended that I try a local dispute resolution center. What does this offer?
- Can I meet my lawyer before deciding to hire him or her?