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Hiring an Attorney vis a vis Money and Time

Home  >  Hiring an Attorney vis a vis Money and Time  >  Hiring an Attorney vis a vis Money and Time

February 27, 2018 | By James Crowson
Hiring an Attorney vis a vis Money and Time

If you have been injured as a result of someone else’s carelessness, you may be eligible for compensation by way of a personal injury claim. You may also be considering making a personal injury claim for your medical bills, lost income and other damages. A common question that arises is whether or not a plaintiff needs a personal injury lawyer to help handle the claim. This article will discuss whether having a personal injury lawyer makes a difference in money and time. To answer the question as to whether having a personal injury lawyer assist in handling your personal injury claim affects time and money, the following elements will be discussed:

    • Personal injury lawyer equals higher settlement? - this question can be asked as: ‘if I have a lawyer on my side in a personal injury case, does it increase my chances of getting compensation ? And if they do, will I get a higher compensation?’ A survey conducted shows that the answer to both of these questions is yes. According to the survey, the likelihood of getting a payout with an attorney increased to 91%, with 9% receiving nothing. The likelihood of receiving a payout without an attorney was 51% while 49% received nothing. The statistics basically show that having a personal injury lawyer makes a big difference when it comes to getting a personal injury payout verses walking away empty handed. To put the figure into perspective, 9 out of 10 claimants who use lawyers receive a settlement or award. With regards to the settlement amount, it must be noted that claimants who hired a lawyer received an average of $77,600 in compensation, whether by out of court settlement or a court ordered judgement. Conversely, claimants who represented themselves received $17,600 in compensation. Therefore, it is correct to conclude that having a personal injury lawyer increases the settlement or award amount as well as the chances of receiving such compensation.
    • Personal injury lawyer equals quicker resolution? - while having a personal injury lawyer on your side increases your chances of receiving compensation and increases the amount of compensation, unfortunately, using a personal injury lawyer makes the claim’s process longer. One survey showed that a personal injury case with a lawyer takes up to 15.7 months, while a claimant handling his or her own claim would spend 7 months on the claim’s process to reach a resolution. To justify this, one article stated that, “getting a better result often means being willing to turn down the first settlement offer and fight for fair compensation.
These numbers also illustrate a correlation between more significant injuries and longer claim timelines.” It is correct to say that the more serious the accident is, the longer it will take to gather the necessary evidence to win the case. As a result, when there is more at stake, the defendant is more likely to put up a bigger fight, which can drag things out. The survey information shows a clear link between having an attorney and getting fair compensation for your personal injury claim. For legal advice and representation follow the link: car accident lawyer near me.
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