How is a personal injury lawyer paid in Texas?

Personal injury law in Texas allow for a victim of various types of injuries caused by negligence or intentional actions to be compensated. These plaintiffs are paid money for their pain and suffering, emotional distress, medical bills, lost wages and other damages. Victims of injuries such as those caused by defective products, accidents or even professional malpractice all have the right to be compensated under this body of personal injury law in Texas, which is referred to as tort law. When tort law cases are brought, most often the personal injury lawyers who bring them do so under a contingent fee system.

The contingent fee system is also referred to as a no-win/no-fee system. The reason the system is called contingent or no-win/no fee is basically because the system works exactly as it sounds like it does. The lawyers payment is contingent on the plaintiff winning his or her case. This means if the plaintiff does not win his lawsuit or get a settlement and if he recovers nothing, he does not have to pay anything to the lawyer. This system is very beneficial to plaintiffs, who might otherwise not be able to take the risk of suing since if they lost they would have to shoulder the burden of legal fees out of their own pockets. 

Under the contingent fee system, the lawyer usually receives a percentage of what the plaintiff collects. Sometimes, this percentage is set lower if the case settles outside of court than if the case goes to trial. The exact percentage may vary, but it is common for lawyers to be paid around 1/3 of the total value of the settlement.

If you have been injured in any type of accident, it is important you find a personal injury lawyer as soon as possible who will take your case and help you get the justice you deserve.