Should You Hire a Motor Vehicle Accident Lawyer on a Contingency Basis?

motor vehicle accident lawyers

As you probably know, not all motor vehicle accident lawyers are the same. Some are specialists in certain areas, some have large teams, some are independent, and some are just plain bad. If there has been a road traffic incident, and if there has been damage or injury, then you should probably hire a lawyer. The lawyer will protect you and may be able to get you a fair amount of compensation.

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What is a “Contingency Basis?”

This is more commonly known as “No-Win No-Fee” lawyers, but the term is a little misleading. Even those that say no-win-no-fee are probably going to charge you something beforehand or after the case is closed.

In short, when you hire a lawyer on a contingency basis, you are saying that you will pay the lawyer a set amount of money (or a percentage) if you receive a successful claim.

What Are The Downsides to No-Win No-Fee Cases?

In many situations, the lawyer is not out to get the biggest claim possible. The lawyer is out to get any claim payment at all. Even if the claim is a fraction of what you wanted, the lawyer may be willing to accept or push you to accept because they would rather have a small percentage of a claim, rather than no payment at all.

Secondly, if you agree to pay after winning, or pay a percentage after a successful claim, you may still end up out of pocket. For example, in many cases, the no-win-no-fee lawyer is only able to get your medical bills paid for. However, since you agreed to pay after a successful claim, you have to give your lawyer some of your medical payment money, meaning you still have medical debts to pay even after “Winning” the case.

When You Should Use an On-Contingency Basis Lawyer

The best time to use motor vehicle accident lawyers on contingency (no-win-no-fee) is when the stakes are pretty low. If you are willing to walk away with nothing, then a no-win-no-fee lawyer is perfect for you.

For example, let’s say somebody hits your car and you sprain your wrist. Your cousin fixes up your car for free, and the sprained wrist is uncomfortable but heals pretty quickly. In this case, the stakes are pretty low, so it may be worth trying a lawyer on a no-win-no-fee basis. After all, if you walk away with nothing, it is not so bad.

Hiring a High-Quality Lawyer

As mentioned above, if the stakes are low and your losses are minimal, then try a lawyer on a contingency basis. However, if you need high-quality motor vehicle accident lawyers to help you win a case and/or help you get a good compensation claim, then use a traditional lawyer like Belal Hamideh to ensure you get the right outcome.