What Percentage do Bicycle Accident Lawyers Take?

If another person’s actions caused your bicycle accident injuries, you might be entitled to compensation. However, the legal process is scary for many people. You might also assume hiring a lawyer is expensive. The good news is that most bicycle accident lawyers only take a percentage after winning you money.

A lawyer’s fees can vary a lot, depending on what they do for you. Below, we’ll break down contingency fees, price ranges, and more. You will better know what to expect when contacting a bicycle accident lawyer.

To get a FREE consultation with an experienced lawyer today, call John Foy & Associates. We have 20-plus years of experience, and we do not charge a fee unless you win. Call (404) 400-4000 or contact us online for your FREE consultation.

How do Bicycle Accident Lawyer Fees Work?

Most of the time, bike accident lawyers work on contingency. According to the American Bar Association (ABA), you only pay a lawyer’s contingency fee if they win your case. Lawyers use contingency fees in personal injury cases, which include bicycle accidents.

To seek compensation for your damages, you’ll file a personal injury claim. You and your lawyer will agree to a fixed fee percentage for their services. If your lawyer wins you a settlement, they get a portion of that settlement.

If you do not win compensation, your lawyer does not receive a fee. In other words, it’s a win-win or lose-lose situation. Contingency fees benefit clients because they don’t risk losing money.

What Is the Average Percentage Bicycle Accident Lawyers Take?

The average contingency fee is typically 33%, or 1/3, of your settlement. However, prices range depending on each case:

• If a lawyer’s work is minimal, they will charge around the typical 33% of your settlement.
• If you file a lawsuit or your case goes to trial, the contingency fee might be higher. The maximum charge is usually about 40% of what you win.

Talk to a lawyer beforehand about their fee structure. Make sure you understand what percentage they’ll take, depending on your case outcome. When you hire your lawyer, you’ll sign documents confirming the contingency fee agreement.

Are There Other Costs Besides the Contingency Fee?

There are some other expenses related to injury cases.

Most bicycle accident lawyers will wait until your case resolves to address these costs. However, some attorneys might ask you to repay expenses as they come. Get clear on how your lawyer handles all fees beforehand.

Typical bicycle accident case expenses include:

• Court filing fees
• Medical record fees
• Accident report costs
• Investigator costs
• Deposition fees
• Exhibit costs
• Travel expenses
• Postage, printing, or copying costs

Most lawyers will deduct extra costs from your settlement. Some attorneys will absorb specific fees.

During the consultation, ask about how your lawyer will handle each expense. Thankfully, additional legal costs are usually minimal.

At John Foy & Associates, we are upfront about all fees and court costs. Discuss your case and how we can help today. Call us at (404) 400-4000 or contact us online for a FREE consultation.

Will a Bicycle Accident Lawyer Take More if You Go to Trial?

If your case goes to trial, the contingency fee will likely be higher than the average. But very few bicycle accident cases actually go to court.

If a bicycle accident lawyer charges more for a trial, it’s because they will be doing a lot more work on your case. Lawsuits are expensive and lengthy. The good news is that if you win at trial, your recovery can be a lot higher.

A bicycle accident case could go to trial if:

• You have severe damages.
• Fault in the accident is unclear.
• The insurance company refuses to negotiate a settlement.
• The at-fault driver is not cooperative.

Again, going to trial after a bike accident is rare. If you think you might need to file a lawsuit, discuss the options with an experienced attorney.

Is Hiring a Bicycle Accident Lawyer Worth It?

It’s normal to wonder if you really need a lawyer’s help. Many injury victims wonder if they can handle their case alone. While you have every right to represent yourself, we do not recommend it.

Working with a bicycle accident lawyer can get you much more of the compensation you deserve. Here are some of the top benefits.

Many Years of Hands-On Experience

Experienced lawyers have many years working on bicycle accident cases. They will know how to:

• Gather the right evidence and information
• Build a strong personal injury claim
• Handle the driver’s insurance company
• Negotiate for a higher settlement
• Avoid common mistakes laypeople make

A good lawyer will know how to fight for the best recovery possible. It could be the difference between a tiny settlement and one covering all of your personal injury damages.

Vast Knowledge of Insurance Companies

Insurance companies do not like to pay much on injury claims. The insurer will look for ways to challenge your claim. Thankfully, bicycle accident lawyers know how to respond.

A lawyer can protect you from common insurance company tactics. Plus, insurers are likely to offer more if they see you have an attorney.

Best Chance of a Fair Recovery

After your accident, you can focus on healing. You won’t have to stress about how to handle your case. Even a small injury claim requires hours of research, gathering information, and more.

A bicycle accident lawyer can handle the legal side of things for you. You’ll have the best chance at full compensation with a professional on your side.

Talk to a Bicycle Accident Lawyer for Free Today

At John Foy & Associates, we will not charge a fee unless we win your case. With our contingency structure, you don’t worry about any upfront or out-of-pocket costs. Plus, we always start with a FREE consultation.

Call us today to learn more about how we can help. To schedule your FREE, no-obligation consultation, call (404) 400-4000, or contact us online.