This is Jim Parish of the Parish law firm in Manassas Virginia. People often come to my office and ask the question: “what is contingency fee?”
The contingency fee is the type of fee structure under which most personal injury cases are handled. What it means simply is that if there is no recovery in the case, that is, if there is no money obtained, either through a settlement or through a court judgment, then the injured person, the client, does not owe the attorney anything for his time. If there is a recovery, then the attorney will be entitled to a percentage of that recovery. The standard percentage in Virginia is 1/3 of anything that is recovered. I hope this information has been helpful.
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Don’t Let The Insurance Companies Give You The Runaround! Contact Us Today
As attorneys, we understand insurance companies' tactics to avoid paying claims. We encourage you not to let them confuse or deceive you. Our services are here to help you navigate the complicated insurance process and fight for your rights. Don't let the insurance companies give you the runaround – contact us today to get the legal support you need.
01How Soon Should I Contact a Lawyer After an Accident?
Contacting a lawyer immediately after an accident is crucial to protect your legal rights, preserve evidence, and avoid missing deadlines that could impact your case.
02Should I Avoid Talking to Insurance Adjusters?
It's wise to avoid speaking with insurance adjusters without consulting an attorney first, as they may use the information against you to minimize your compensation or reject your claim entirely.
03What if the Other Driver is Lying About the Accident?
Gathering evidence like witness statements and photographs will help prove your side of the story. The best way to fight a false narrative by the at-fault driver is with facts that prove the truth.
04What Happens to My Lost Wages?
If you can't work because of an injury from someone else's negligence, you may be entitled to compensation for lost wages, benefits, and bonuses. An attorney can help you pursue that compensation through negotiations or litigation.
05How is Parrish Law Firm Different?
Founding partner James R. Parrish knows the best strategies for fighting for fair compensation from insurance companies because he used to represent the insurancers in personal injury cases. A background of working on the other side of personal injury claims gives him the insider knowledge necessary to take on these deep-pocketed companies.
06How Long Do I Have to Settle My Case?
There is no strict time limit on settling a personal injury claim. However, there are restrictions on the amount of time you have to file a lawsuit. In Virginia, you must file your personal injury lawsuit within two years of the date of the accident. The time it takes to settle a case depends on the circumstances surrounding the accident and the motivations of both parties. These cases can last from a few months to several years.
