Personal Injury Law

How Much Does A Personal Injury Lawyer Make?

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23 June, 2022

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Are you thinking about pursuing a career in law? Or are you confused about hiring a personal injury lawyer but can’t figure out the financials of the same? Whatever you might be your reason, your top legal query of the day is how much a personal injury lawyer makes. And we are here to answer your query!

But before that, it’s best we find out a little more information about a personal injury lawyer’s job role. Even if you want to pursue this career, let money not be the only motivation. Similarly, if you are worrying about whether you can afford such a lawyer, then it’s best you find out more details about the same.

Keep reading to find out more on this.

What Is A Personal Injury Lawyer?

Are you wondering what is a personal injury lawyer? Simply put, personal injury lawyers are attorneys who specialize in providing solid legal representation to individuals injured due to some kind of negligence or even a type of deliberate intent of some third party.

These attorneys basically help clients reach a financial settlement or recover compensation for injuries or anguish suffered. So, naturally, your next question is how much a personal injury lawyer makes per case, but you need to be patient because compensation might vary depending on the type of the case.

So without wasting any further time, scroll down and check out the type of personal injury cases handled by these attorneys and the types of compensations you can receive.

Types Of Cases Handled By Personal Injury Attorneys

types of cases handled by personal injury attorneys

Personal injury lawyers handle the following types of cases,

  1. Aviation accidents,
  2. Boating accidents,
  3. Burn injuries,
  4. Defective products
  5. Transportation accidents,
  6. Automotive accidents,
  7. Pedestrian accidents,
  8. Insurance claims,
  9. Medical malpractice
  10. Construction accidents,
  11. Wrongful death, and
  12. Similar injury cases.

Types Of Compensation Received By Personal Injury Lawyers

Personal Injury cases usually have the following type of settlements or compensation,

  1. Emotional distress,
  2. Mental anguish
  3. Income loss,
  4. Clinical expenses,
  5. Potential or future revenue loss,
  6. Compensation for gain or loss,
  7. Similar losses

Why Hiring A Personal Injury Lawyer Is A Great Idea?

why hiring a personal injury lawyer is a great idea

Irrespective of finding out how much money a personal injury lawyer makes, it is vital to also know how can a personal injury lawyer help you. Yes, his job role comprises the functions mentioned below, but what are the benefits of hiring such a lawyer in the first place?

Functions Of A Personal Injury Lawyer

Let’s check out what does a personal injury lawyer do before finding out the benefits of the same.

A personal injury lawyer plays a very important role in their client’s lives. A victim of personal injury has already suffered physical and psychological harm. They have paid damages due to the negligence and wrongful activities of another. So this is how a personal injury attorney helps out their clients.

They Provide Legal Advice

All personal injury lawyers are lawyers in the first place. They will provide legal guidance and advise the clients about their rights, liabilities, and potential claims. It is the duty of a personal injury attorney to help the client file for compensation.

They Will Evaluate The Case

Once you visit a personal injury attorney, you will tell them the details of your injuries. They will carefully assess the merits of the case and review documents, accident reports, etc. It is their job to tell you if you are clean is valid or worth compensation. 

Legal Counselling To Clients

It is the job of a personal injury attorney to educate their clients on personal injury laws. They will tell clients about the outcomes, potential risks, and benefits associated with a lawsuit. 

Conducting In-depth Investigation

It is your personal injury attorney’s job to gather evidence and establish the liability of the party at fault. They will help prove to the court that you have greatly suffered from the accident. For this purpose, they will conduct interviews with witnesses, consult with experts, and also do a thorough examination of accident scenes. 

Negotiation Of Claim

Do you have to deal with a tricky Insurance Company? Well, your personal injury attorney has got it covered for you. It is their job to negotiate with the insurance provider and arrive at fair settlements. They will handle all communications to make sure clients enjoy maximum protection. 

Taking It To Court

If the insurance company does not give you a fair settlement, your personal injury attorney will take the matter to court. They will represent your rights and interests in the lawsuit. After backing up your claims with relevant evidence, they will fight for fair compensation from the court.  

Apart from this, it is your personal injury lawyer’s job to conduct legal research to build a strong case. They will prepare documents, including complaints, petitions, motions, and responses. Your lawyer will also represent you during hearings, trials, and all sorts of legal proceedings.

Benefits Of Hiring A Personal Injury Attorney

Now let’s find out the basic benefits of hiring a personal injury lawyer!

  1. These attorneys are objective and also happen to be professional. This naturally can only mean one thing: good news for you!
  1. One of the biggest requirements of such a lawyer is the ability to negotiate, and these lawyers can negotiate better than perhaps everyone.
  1. These attorneys can also help the victim to get the medical care and attention they deserve. Unfortunately, not always do insurance companies will pay you the compensation you deserve. Moreover, sometimes, negotiations can also get out of hand.
  1. One of the best things about hiring a personal injury lawyer is how well these attorneys can help you make decisions that are practical in their own way.
  1. The best thing about having a personal injury attorney is how fast you can actually get the compensation you deserve. What’s the point of receiving compensation five years after the injury when your attorney can help you with more.

How Much Does A Personal Injury Lawyer Make?

how much a personal injury lawyer make

Now that you have all the required information about hiring a personal injury lawyer let’s check out how much a personal injury lawyer makes a year. Personal injury lawyers get paid on a contingency basis mostly. According to most industry standards, personal injury attorneys charge 33% of the settlement reached, on average.

However, if your case goes into the trial, then you have to understand that there will be additional expenses for the same. Simply put, your personal injury lawyer will only get paid if there is a successful settlement reached or compensation recovered. That does sound pretty ethical, doesn’t it?

You are wondering why? This is because such a policy usually reduces the risk of suffering from extra financial loss for the victim. Losing on the settlement wasn’t enough on top of the personal injuries suffered that the victim would have to also pay fees for the attorney! Thus, contingency basis payment makes the situation a win-win for the victim.

Frequently Asked Questions (FAQs)

1.  How Much Of A Personal Injury Settlement Does Lawyer Make?

Ans: Personal injury lawyers usually work on a contingency basis. By industry standards, they charge 33% of the compensation recovered, on average. This is done to reduce financial risk on the part of victims.

2. What Kind Of Lawyer Makes The Most Money?

Ans: The types of lawyers that make the most amount of money are as follows,
i. Tax attorney: 122,000 dollars,
ii. Corporate lawyer: 118,000 dollars,
iii. Employment lawyers: 88,000 dollars,
iv. Real estate lawyer: 87,000 dollars, and
v. Divorce attorney: 86,000 dollars.

3. Who Is The Highest-Paid Lawyer In America?

Ans: The highest-paid lawyers in America are as follows,
i. Richard Scruggs,
ii. Joe Jamail Jr,
iii. Willie Gary,
iv. Roy Black, and
v. Robert Shapiro.

Now that you have a fair idea of how much a personal injury lawyer makes, you can consider whether pursuing this career would be a good choice or even whether you should hire such an attorney or not. Personal injury cases are always a matter of controversy that needs to be sorted.

Whatever you decide to do, don’t forget to let us know in the comments section your thoughts on the same.

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Barsha Bhattacharya is a senior content writing executive. As a marketing enthusiast and professional for the past 4 years, writing is new to Barsha. And she is loving every bit of it. Her niches are marketing, lifestyle, wellness, travel and entertainment. Apart from writing, Barsha loves to travel, binge-watch, research conspiracy theories, Instagram and overthink.

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