Blog
Menu
Blog

Personal Injury News

How Personal Injury Lawyers are Paid in British Columbia


November 22, 2011- Most injury claimants have never hired a personal injury lawyer before their car accident injury.  One of the most intimidating things about hiring an injury lawyer is the cost- How will you ever afford a lawyer? Well there are affordable ways personal injury lawyers will accept taking a case. Here are 3 options that many competent injury lawyers in British Columbia offer:
1.  Paid a percentage of the money received in the injury claim- This is referred to as a “contingency fee agreement” because the lawyer’s pay is contingent on getting money in the case. No money award means you do not have to pay the lawyer a legal fee. Most personal injury lawyers also  will fund a case on behalf of a client, such as  investigations cost and expert costs, with the understanding that these will be paid by the client at the end of the case. All those costs are claimed against the insurance company. This is the most risk free arrangement for the client. Unless the court thinks a higher percent is reasonable, lawyers in British Columbia can only charge up to forty percent for non car accident injury cases and one-third of car accident injury claims.
2.  Pay the personal injury lawyer by the hour-  The injury claimant pays a retainer, which is an amount of money toward future legal fees and expenses, and the lawyer bills on an hourly basis.  When the retainer is almost done the personal injury lawyer will ask the client for another retainer. The hourly rate of the personal injury lawyer will be based, on part,  on how long they have been a lawyer and their experience in personal injury law. The risk of this arrangement is that you may pay the injury lawyer more than the value of your case.  This arrangement is really only viable for wealthy injury claimants with very serious injuries.
3.  The third option is a combination of both of the above. The personal injury lawyer will agree to being paid a percentage of the recovery for the legal fee and the client funds the costs of the case. This “pay as you go” arrangement means you pay for the costs of the injury claim as the costs come up but you wait til the end to pay the injury lawyer.  This can be a very good arrangement for clients that can afford paying for investigation and assessment costs but cannot afford to pay the legal fees at the same time.
Each lawyer will have their own written agreement which he or she should review with you.  The best personal injury lawyers will not pressure you to sign immediately and will give you time to make your decision.
Delaying in hiring a personal injury lawyer is a mistake. There are many pitfalls, time limits and other important issues that a personal injury lawyer will want to address right away. You’ll get the most value out of your lawyer if he or she is hired soon after the injury.
Remember legal fees are regulated in British Columbia so any personal injury lawyer is bound to follow the regulations.   From my experience it most often pays off for a client to have a personal injury lawyer for their insurance and injury claims in that it provides peace of mind and compensation commensurate with your injury. Watch my short video on why people hire a personal injury lawyer.  Posted by Mr. Renn A. Holness

Tags:

9 responses to How Personal Injury Lawyers are Paid in British Columbia

  • The Top Personal Injury Lawyers In British Columbia Have a few Things in Common | Holness Law Group

    January 28, 2015 9:11am

    [...] 1.  Legal expertise in personal injury claims and a working experience in personal injury litigation.  This potent combination of book knowledge and hands on experience can be worth its’ weight in gold.  Experienced personal injury lawyers will likely expect a higher percentage or hourly rate but, in my experience, they can usually obtain a better result for the injury claimant in the long run. Check out my post on how personal injury lawyers are paid. [...]

  • When to Hire a Lawyer for an ICBC Injury Claim « Holness Law Group Blog

    January 25, 2013 7:29am

    [...] out more about how injury lawyers get paid and browse the other ICBC related [...]

  • Lawyer

    October 9, 2012 4:12pm

    Well put.

  • Best to Get a Lawyer for Your ICBC Injury Claim- New Direction for ICBC « Holness Law Group Blog

    September 5, 2012 3:45pm

    [...] Pay- Personal injury lawyers are regulated the Law Society of BC. Take a read of my article about how personal injury lawyers are paid in BC. Also check out the Canadian Bar Association website as they have some first rate information about [...]

  • Free Legal Advice for your ICBC Personal Injury Claim In Social Media « Holness Law Group Blog

    March 7, 2012 10:25pm

    [...] I have been a personal injury lawyer in British Columbia since 1995 and I have written often about how personal injury lawyers are paid in BC and How to hire a personal injury lawyer .  Social media is no different in that legal advice [...]

  • Florida

    March 16, 2011 9:27am

    Three years ago I had a car accident and I had no idea how to deal with ICBC, thankfully my friend adviced me to contact HOLNESS LAW GROUP who were very professional dealing with ICBC regarding my injuries.HOLNESS LAW GROUP has an outstanding team prepared to deal with all matters.I would highly recommend to anyone who want to have a fair settlement with ICBC. many thanks to mr Renn and his team.

  • Renn Holness

    February 4, 2011 5:39pm

    Thank you for your interest, all posts at Holness law group are written by Mr. Renn A. Holness

  • Top Car Accident Lawyers are Independent of Government and Legal Fees are Regulated « Holness Law Group Blog

    January 27, 2011 6:37am

    [...] insurance companies have their own client’s  interests at stake. I have posted before about how personal injury lawyers are paid in British Columbia and would like to end off with my own three tips to finding your “top car accident [...]

  • Denver Criminal Attorney

    November 7, 2010 7:07am

    While we are discussing about topics related to How Personal Injury Lawyers are Paid in British Columbia Holness Law Group Blog, The services directory inside a telephone guide usually consists of a pretty good list of lawyers that you can get in contact with.

Leave a Reply

Your email address will not be published. Required fields are marked *

Contact Us





*lawyer confidentiality assured