There are many situations in life that may cause you to need a lawyer. Regardless if you're getting a divorce, buying a home or creating a will, you may want to rely on legal services to help you do so. However, it's essential to know how you will need to pay for the advice you get beforehand. This can allow you to be better prepared when meeting with this professional. Being aware of how these services will need to be paid can be helpful to you.
Hourly
Many attorneys will charge you by the hour for legal advice. However, keep in mind hourly rates do vary a great deal from one lawyer to the next.
It's a good idea for you to shop around to secure the lowest cost and to find the right lawyer to assist you with your case.
Flat fee
It's possible you may be charged one flat fee for your case. This will typically decide on after your attorney has thoroughly reviewed the details of your situation and then determines how much time it will take.
The good news is that when you're quoted a flat fee, this can allow you to know right away how much your case will cost. Keep in mind that you may get some of this money refunded to you if the attorney doesn't need as much time as previously thought when quoting the flat fee amount.
Contingency fees
There are many cases that may allow your attorney to charge a percentage of the winnings if the case is won. This is referred to as contingency fees and may allow you to secure an attorney by paying less than it would cost at a high hourly rate.
The advantages of paying this way include only having to pay for legal services if the case is won. Some instances when this type of payment is made are listed below:
1. Personal injury – If you've been injured and seeking compensation for medical bills and lost time for work, this may be the best payment the lawyer prefers.
2. Car accidents – Working to fully recover after a car collision will take time and money. However, many lawyers may bill this way when assisting you with your case.
The benefits of working with a legal expert are many and may allow you to get the answers you need. Be sure to make an appointment with the legal services specialist in your area today to get the legal advice you need.
Share14 July 2017
Many people assume that when they file Chapter 7 bankruptcy, they will have to give up their homes and other property. This is not necessarily the case. I am a bankruptcy attorney, and I have helped many clients file for Chapter 7 bankruptcy without giving up homes, cars, and other property. When you file for bankruptcy, the property you are allowed to keep depends on your individual circumstances and the state where you live. Most states allow exemption for property you are currently paying for. This blog will guide you through that information and help you determine if filing Chapter 7 bankruptcy is the right choice for you.
