Car Accidents are terrifying incidents that have the potential to completely change your life. If you were injured in an accident in Vancouver, your next move is to file a claim with the ICBC case. Generally, if you have been injured in a car accident it is best to hire a lawyer to represent you. By doing so, you will significantly increase your chances of success and you will have someone advocating on your behalf. You might be worried that hiring an attorney will cost you ‘an arm and a leg’ but that is not the case. Understanding how lawyers charge can help you find the right attorney for your ICBC case.
Most personal injury lawyers use one of two main fee structures:
1. Hourly Rates
Some lawyers will charge by the hour to represent you in a personal injury claim. With this arrangement, the lawyer charges an agreed-upon hourly rate for the time he or she spends working on all aspects of your case until it is resolved. Hourly rates differ from lawyer to lawyer based on experience and location. On average, lawyers in British Columbia charge anywhere between $300 and $500 per hour.
2. ICBC Case: Contingency Agreement
Another way personal injury lawyers charge is on a contingency basis. With a contingency agreement, a lawyer allows you to use their services without paying money upfront. You will not be required to pay legal fees unless your case is a success. If your case is successful, your lawyer will charge you a percentage of your settlement amount. Personal injury law in Vancouver stipulates that your lawyer can charge up to 33.3% of your settlement and no higher. So, there is no need to worry that your lawyer will take most of your settlement. You will agree on the amount of the percentage fee when you retain the lawyer. Should you choose to terminate your contingency agreement before your case ends, you will likely have to pay the lawyer for the time he or she spent working on your case. If you choose to hire someone else, your new lawyer may agree to pay your previous lawyer what you owe and later deduct it from your settlement.
In addition to legal fees, there are other expenses that you will have to cover as well. Most, if not all, of the expenses incurred by your lawyer (commonly referred to as disbursements), are repaid by the ICBC case after you’ve won a settlement.
Whatever method your lawyer uses to charge for his or her services, carefully read the agreement before making a commitment. That way you will avoid any surprise expenses.
Are you are looking for a personal injury lawyer in Vancouver?
If you were injured in an accident in Vancouver, the efficient team at Rose Keith Law Corporation can help. When you choose to work with us, you get a legal team that will take time to fully understand the loss you have suffered, no matter how big or small. We will fight to get you the compensation you deserve. Since our services are offered on a contingency basis, we do not charge legal fees if we do not win your case. Call us today to book a free, no-obligation consultation.