At Gallo Law, we understand the financial burden that can follow a car accident. Our goal is to ensure that you receive the compensation you deserve without adding to your stress. That’s why we operate on a contingency fee basis for car accident cases. This means you pay no upfront fees, and our payment is contingent on winning your case. Let’s break down how this works and what you can expect in terms of costs and net settlement. ALL EXAMPLES HEREIN ARE NOT THE ACTUAL NUMBERS AND GALLO LAW MAY CHARGE A HIGHER PERCENTAGE FOR ATTORNEYS FEES.
How much do car accident lawyers charge
Contingency Fee Structure
Gallo Law’s fee structure is designed to make legal representation accessible to everyone, regardless of their financial situation. Our attorneys’ fees are a percentage of the settlement amount or the court-awarded damages. This percentage is agreed upon before we start working on your case. The exact percentage can vary depending on the complexity of the case and other factors, but it typically ranges between 25% and 50%.
For example, if you receive a settlement of $100,000 and the agreed contingency fee is 33%, Gallo Law would receive $33,000 as the attorneys’ fees.
How much do car accident lawyers charge
Costs Advanced by Gallo Law
In addition to attorneys’ fees, there are various costs associated with pursuing a car accident case. These costs can include:
- Obtaining Traffic Collision Reports: Necessary for understanding the details and official record of the accident.
- Filing the Lawsuit: Court filing fees can be significant, especially in complex cases.
- Taking Depositions: The process of taking sworn testimony from witnesses and involved parties.
- Obtaining Medical Records: Essential for documenting your injuries and the associated costs.
- Sending Subpoenas: Required to compel the production of evidence or the testimony of witnesses.
Gallo Law advances these costs as a courtesy to our clients. This means we cover these expenses upfront, so you don’t have to worry about them while your case is ongoing. However, it’s important to note that advancing costs is not something we are required to do; it is a service we provide to ease your financial burden during this challenging time.
How much do car accident lawyers charge
Net Settlement Amount
To understand what you will net from your settlement, you need to subtract the attorneys’ fees, the advanced costs, and your medical expenses from the total settlement amount.
Let’s break this down with an example. THIS IS JUST AN EXAMPLE AND NOT THE ACTUAL AMOUNT OF ATTORNEYS FEES:
- Total Settlement: $100,000
- Attorneys’ Fees (33%): $33,000
- Costs Advanced by Gallo Law: $10,000
- Medical Expenses: $20,000
Your net settlement would be calculated as follows: Net Settlement=Total Settlement−Attorneys’ Fees−Advanced Costs−Medical ExpensesNet Settlement=Total Settlement−Attorneys’ Fees−Advanced Costs−Medical Expenses
Using the example numbers: Net Settlement=$100,000−$33,000−$10,000−$20,000=$37,000Net Settlement=$100,000−$33,000−$10,000−$20,000=$37,000
This means you would receive $37,000 after all fees and costs are deducted from the settlement amount.
How much do car accident lawyers charge
Transparency and Communication
At Gallo Law, we believe in maintaining transparency throughout the legal process. We will provide you with regular updates on your case and detailed explanations of any costs incurred. Before you agree to any settlement, we will clearly outline all fees and costs, so you know exactly how much you will receive.
How much do car accident lawyers charge
Why Choose Gallo Law?
Choosing Gallo Law means you are choosing a firm that prioritizes your financial well-being and fights tirelessly to maximize your compensation. Our contingency fee arrangement ensures that we are motivated to achieve the best possible outcome for you, as our payment is directly tied to your success.
How much do car accident lawyers charge
Final Thoughts
Navigating the aftermath of a car accident can be overwhelming, but understanding how legal fees and costs work can help ease some of that stress. At Gallo Law, our contingency fee structure, along with our commitment to advancing costs, is designed to make high-quality legal representation accessible without adding financial strain. If you have any questions about our fee structure or need assistance with a car accident case, don’t hesitate to contact us. We are here to help you every step of the way.
By providing clear, comprehensive, and compassionate legal support, Gallo Law ensures that you can focus on your recovery while we handle the complexities of your case.