How much does it cost to hire VB Attorneys? - VB Attorneys
Written by Brian Beckcom
It costs nothing to hire our law firm.
We work on your case on a contingency fee basis, which means that you pay nothing unless we win your case. If we win your case, we charge you a percentage of the recovery and get the case expenses reimbursed. Everything is up front, in a clearly-written contingency fee contract, and there are no surprise “costs” or “fees” to you.
This is different from most law firms, which charge an hourly fee or a fixed fee. In an hourly fee arrangement, the lawyer charges you by the hour, sometimes hundreds of dollars an hour. You get charged for the legal work whether the lawyer wins or loses. You get charged the same amount of legal fees whether you get a large settlement, a small settlement, or no settlement at all. Also, you have to pay expenses as you go, which can be in the thousands, tens of thousands, or hundreds of thousands of dollars.
“Fixed fee” lawyers charge a flat rate, which can also be thousands, tens of thousands, or hundreds of thousands of dollars, depending on the case. Most fixed fee lawyers also make you pay case expenses as you go. Unlike hourly or fixed fee lawyers, if we take your case, we advance all case expenses so that no money comes out of your pocket unless we win your case.
The Benefits of Contingency Fee Arrangements
The benefits of the contingency fee arrangement are numerous. First of all, if you have been injured, you are already dealing with mounting bills and financial pressure. Adding thousands of dollars of case expenses and lawyer fees on top of the financial pressure only increases your stress levels and can put you in an even worse financial situation.
Also, hourly fee or fixed fee arrangements don’t necessarily align your lawyer’s interests with your own interests. If the lawyer gets paid regardless of whether you win or lose the case, then the lawyer may not have the same incentive to win your case. In fact, the longer the lawyer works on the case, the more money they make.
With contingency fee arrangements, we don’t get paid anything unless we win your case. And we don’t get paid until we win your case. That means when you hire us, we have a strong incentive to win your case for you, and to get your settlement without undue delay. Since we are advancing all case expenses, we also have a strong incentive to get your case settled or get you a victory in court as soon as we can.
Additionally, with a contingency fee arrangement, you’ll rest easier knowing that you are not going to be responsible for thousands or tens of thousands of dollars in lawyer fees if you lose. You can focus all of your efforts on recovering from your injuries and securing your financial future.
The legal process in a serious injury case can be very expensive. We have handled cases that required us to spend tens of thousands of dollars – even cases where the costs were in the hundreds of thousands of dollars. Because we advance case expenses, we are essentially putting our “money where our mouth is,” which ensures you that we believe in you and in your case. Unlike most law firms, we have the financial ability to invest the tens or hundreds of thousands of dollars in your case–whatever is necessary–and we back up what we say by spending the money necessary to win our clients’ cases.
If you have any questions about contingency fee arrangements, the cost of bringing a lawsuit against a corporation or insurance company, or the cost of going through the legal process, then please don’t hesitate to call us now at 877-724-7800.
We believe in disclosing to our clients right up front the cost of the case and the cost of hiring our law firm. We are completely open and transparent about all of the costs and fees, and it’s all put in writing.