If you’re injured at work, you may be entitled to workers’ compensation benefits. Hiring a workers’ compensation attorney may be in your best interest. But are you wondering “how do workers’ compensation attorneys get paid?
Here’s everything you need to know about how these attorneys are paid so that you can make the best decision for your case.
How Much Does a Workers’ Compensation Attorney Cost?
The short answer is that most workers’ compensation lawyers work on a contingency basis. That means they only get paid if they win your case and they take a percentage of the total amount awarded to you by the court. The contingency fee is a percentage of the total settlement, depending on the specifics of your case and the state you live in.
Some workers’ compensation lawyers also charge an hourly rate, which means they’ll bill you for every hour they spend working on your case—even if they don’t win in the end.
What Factors Affect How Much My Attorney Gets Paid?
There are a few different factors that can affect how much your workers’ compensation attorney ultimately gets paid.
First, as we mentioned above, the amount will depend on whether they work on a contingency or hourly basis. Second, attorney’s fees depend on whether your case settles out of court or goes to trial. If it settles out of court, your attorney will likely get paid a smaller percentage than if it goes to trial because they won’t have to spend as much time working on the case.
Of course, the biggest factor affecting how much your attorney gets paid is whether or not you win your case. If you don’t win, your attorney doesn’t get paid—plain and simple. That’s why most workers’ compensation attorneys’ only take cases they believe have a good chance of success – their livelihoods depend on it.
