Many lawyers will gladly give you some of their time for free. They know that you have questions. They are glad to talk with you, answer any questions and get to know you a bit before expecting you to make a commitment. If you hire a lawyer you won’t be expected to pay anything up front. MN No-Fault law determines how much and when your lawyer gets paid.
But in MN you can often talk to a car accident lawyer about your accident and case for free before you commit to hiring one.
Many lawyers will gladly give you some of their time for free. They know that you have questions. They are glad to talk with you, answer any questions and get to know you a bit before expecting you to make a commitment. If you hire a lawyer you won’t be expected to pay anything up front. MN No-Fault law determines how much and when your lawyer gets paid. Your lawyer will get a cut (30% according to the law) of any settlement he negotiates with the insurance company on your behalf.
How do you pay for your lawyer?
Minnesota No-Fault (auto accident) laws don’t just regulate auto insurers. The law also controls what lawyers can charge their clients and how they get paid. In Minnesota a lawyer gets paid when your case settles. So you don’t have to pay anything up front at all. Eventually your lawyer will negotiate with your insurance company to settle your case. To settle with a auto insurer means that you are releasing the insurer from any further obligations with regard to your accident, injuries, etc. Insurance companies want to settle and will pay you to do so. A lawyer will know how much you should expect to get depending on your case and how to negotiate with the insurer to get it. Once the case settles (the insurance company pays) your lawyer will take his fee. The lawyers fee is determined by Minnesota No-Fault law. First he gets paid for any expenses that he had to pay as part of managing your case. In addition he is entitled to a contingency fee, which is essentially his profit. The contingency fee is controlled by Minnesota No-Fault law, and cannot be more than 33%.
Why not save the 33% a lawyer gets and negotiate with my insurance company on my own?
A good lawyer will more than earn his or her contingency fee. That is to say, you’ll end up with more money in your pocket with a lawyer than without one. A number of patients of mine have negotiated directly with the insurance company to settle their case. Generally speaking they were offered and got pennies on the dollar. Insurance company adjusters are well trained and can be quite clever. They count on you not knowing how much you can ask for and deserve in a settlement, and will low ball you every time. Their only motive is to save the company money.
You need a lawyer on your side.
Whether or not your insurance company is cooperating with you now or not, you’ll likely benefit from having a lawyer on your side. A good lawyer can negotiate with the insurance company so that you get the benefits you need and deserve. A good lawyer will also negotiate a good settlement on your behalf. Don’t be shy about demanding that your insurance company cover your bills and compensate you for your losses. Believe me, insurance companies are not shy about guarding their bottom line. Don’t be intimidated by them. They are subject to Minnesota No-Fault law and your lawyer is there to remind them of that and hold them to it… Steuerberatung Hattingen