What you’ll learn reading this article:
- Many personal injury lawyers work on a contingency fee, meaning they receive no fee unless you are awarded compensation.
- Unlike many Indiana personal injury lawyers, Poynter & Bucheri Accident Recovery fee is only 25%* for auto accidents.
- Poynter & Bucheri Accident Recovery attorneys work hard to win big for you and your loved ones.
If you’ve ever seen a personal injury ad on TV or even browsed personal injury lawyer websites like our own, you have probably seen something about fees. Oftentimes, personal injury lawyers will advertise that they are “no fee if no recovery” firms.
This sounds almost too good to be true, but when you understand what a contingency fee is, it makes more sense.
Understanding Contingency Fees
A contingency fee is defined as a fee “paid upon successful completion of the services and usually calculated as a percentage of the gain realized for the client.” This means that lawyers working under a contingency agreement do not require upfront payment. Therefore, there is no fee unless you, the client, recover damages.
Your fee to the lawyer upon successful recovery of damages is then a decided-upon percentage of that compensation.
What Happens If You Don’t Win?
Then the lawyer gets nothing. Nada. Zip. Zero.
While this might seem risky, it translates to a lawyer who is incredibly incentivized to win your case for you and win you the highest settlement possible.
Additionally, this helps out you, the injured client. You’ve probably had to take on some out-of-pocket medical bills and may even be out of work due to your injury caused by someone else’s negligence.
By working on a contingency fee, your lawyer is helping you to keep money in your pocket during a difficult time.
Who Determines the Contingency Fee Percentage?
A firm will determine it’s rate, and most firms take a contingency fee of 33% or even 40%.
At Poynter & Bucheri, our fee is only 25%* for auto accidents.
What Does This Mean for You?
Let’s do the math. If you’re injured in an auto accident and win a settlement of $100, other attorneys in Indiana will receive $33.33 or even $40 of your monetary damages, leaving you with less money.
If you’re injured in an auto accident and win a settlement of $100 and use one of the qualified and experienced Poynter & Bucheri Accident Recovery attorneys, you only owe us $25.
That means more money stays with you where it belongs.
The attorneys at Poynter & Bucheri Accident Recovery understand the physical, emotional, mental and financial strains an auto accident can cause. We’re in this business precisely to help victims injured by the negligence of others. Why would we add insult to injury?
At PBAR, we fight for you and your loved ones to get the compensation you deserve.
We want you to be awarded the highest settlement possible, not just because it means we’ll also be paid more but because we know you deserve it. That’s a win-win situation.
What If My Accident Wasn’t an Auto Accident?
Poynter & Bucheri Accident Recovery personal injury lawyers have served Indianapolis and its surrounding areas for decades. We offer our experience in a variety of practice areas. If you or a loved one has been injured due to someone else’s negligence, call PBAR for a free case review to discuss the nature of your injuries and more.
For more information on the kinds of cases we cover and the results we receive, visit Our Cases.
Poynter & Bucheri Accident Recovery—Indianapolis Personal Injury Attorneys
If you or a loved one has been injured physically or mentally by a person, product or company, you need to know your legal rights. Our personal injury attorneys are experienced with cases like yours and can evaluate what your case may be worth. We will ensure that you are protected and compensated for your injuries and losses.
Why pay up to 40% in attorney fees? Our fee is only 25%*, and we fight to win your case or you pay no attorney fees at all. Don’t hesitate—one of our experienced attorneys can assist you right away.
Call (800) 265-9881 for a free case review.
Hi, my name’s Rich Bucheri from Poynter & Bucheri, and today I want to briefly explain contingency fees. What is a contingency fee? You probably heard on many personal injury TV commercials, “No fee if no recovery.” And basically what they’re talking about is that there is no upfront free generally to hire a personal injury attorney.
If a personal injury attorney’s working on contingency fee, then basically what they are agreeing to do is to receive a percentage of the settlement at the end of the case, and if you don’t get a settlement, then they get nothing. The benefit of this is that incentivizes the attorney to get as much for you as possible because the more settlement you get, the more his attorney fee is. It also helps that people who have been injured in an accident, who may be out of work, don’t have to take money out of their pockets to hire an attorney.
The attorneys are willing to work first and then get paid later. Oftentimes they will forward the expenses as well and get the expenses paid back at the end of the case. Typically, attorneys charge a third or 40% for a contingency fee. What that means is, by way of example, if you were to receive a $100 settlement, then the attorney would be taking a third, would get $33.33 out of that for his attorney fee.
At Poynter & Bucheri, our fees start at 25% for auto accidents. We’re typically lower than most attorneys here in the state.