Attorney’s fees for a Nevada personal injury claim are usually paid on a contingency-fee basis. If a plaintiff wins the case, their attorney will collect a percentage of the settlement. If the plaintiff loses, the attorney is not entitled to a fee.
It is standard for a Nevada personal injury lawyer to collect anywhere between 33.33% to 40% of the financial award, plus any court costs.
In this article, our Las Vegas personal injury lawyer discusses how attorney’s fees work in Nevada accident cases:
Nevada personal injury claims and contingency fees
Most personal injury attorneys get paid on contingency. What that means is, if they attorney doesn’t win, they do not get paid. As mentioned above, the typical fee for a Nevada personal injury law firm ranges from 33.33% to 40% of the total financial award, plus any case costs.
For example, if your personal injury award is $100,000, you can expect your attorney to take around $33,333 to $40,000 of the total award in addition to any case costs. Typical case costs include court filing fees, process server fees, and any deposition and/or alternative dispute resolution costs which may include arbitration and/or mediation.
How a contingency-fee agreement benefits the plaintiff
Although it is not required that personal injury lawyers work on contingency, it is a common practice for this area of practice as it will usually provide the most mutually-beneficial outcome for both the attorney and client.
Contingency fee agreements afford injury victims who would otherwise not be able to afford legal representation the peace of mind knowing there is no up-front cost for hiring a lawyer. Further, if the attorney loses the case, they are not liable for any attorney’s fees.
Conversely, this type of arrangement entices lawyers to work vigorously to ensure they collect maximum compensation. Their bottom-line depends on it!