Our Contingency Fee Policy
Waco Personal Injury Lawyers
The Law Offices of Vic Feazell, P.C. accepts personal injury cases on a contingency fee basis. This means that you pay no attorney’s fees, court costs, or litigation expenses unless we recover for you. Once a recovery is made on your case, court costs, litigation expenses, and medical bills are paid from your share.
When you retain our firm, we will take your case on a one-third (33.33%) contingent fee. This involves obtaining all your records, doing an investigation, drafting a demand package, and negotiating with the insurance company or their representatives and lawyers. It may also involve preparing for and attending mediation.
Unlike most other law firms, we will not charge for assisting you with:
- Your automobile property damages
- PIP (personal injury protection) payments under your own insurance policy
- Incidental expenses such as regular postage, file opening, long-distance calls, faxes, or small copy jobs
Either your insurance company or you are expected to pay your medical expenses as your treatment progresses. However, under special circumstances, the Law Offices of Vic Feazell, P.C. may advance payment for medical expenses which will be reimbursed to us later from your share of the recovery. You never owe us any money, even for medical payments advanced by us, unless and until we recover for you.
Your case can not be settled without your informed consent. For further information on our contingency fee policy, please contact our firm to set up a free case evaluation with one of our Waco personal injury attorneys. We would be happy to review your situation and answer your questions.
Call (254) 938-6885 to schedule a free initial consultation.
What Happens If Your Case Goes to Court
Most cases settle before a suit has to be filed because of (1) our exceptional reputation and (2) our thorough pre-suit preparation and demand letters. If a suit has to be filed in court, the contingent fee increases to forty percent (40%). We will conduct discovery, do a more detailed investigation, take depositions, hire experts, and pay your treating doctors for their time to give depositions and testify on your behalf in court, prepare trial exhibits, prepare you and the other witnesses for trial and take your case to a jury for a full-blown trial.
A case is seldom appealed, but if it is, the fee increases to 45%. This fee is for preparing your appeal, advancing all court costs including the cost of the verbatim transcript of the trial, if necessary, writing the brief, and arguing your case to the Court of Appeals and possibly to the Supreme Court. In the event your case is appealed all the way to the Supreme Court, you are not charged any additional fee by the Law Offices of Vic Feazell, P.C.
We believe in our clients and their cases. Therefore, even if we spend hundreds of hours on your case, fight it all the way to the Supreme Court and even invest $100,000 or more of our own money in court cost and litigation expenses and then for some unexpected reason lose the case or fail to recover for you, you still owe us no money at all. That is the risk involved for us in taking your case on a contingent fee and that is a risk we gladly accept for you.
Also Handling Business Cases
Our business clients pay no attorney’s fee until we make a recovery for them. This allows your company to pursue its legal claims without the headache and worry of hourly attorney’s fees stacking up. It assures businesses that their cases are being handled efficiently and promptly without delay or unnecessary action being taken by a law firm that charges by the hour.
We never bill you for:
- Phone calls
- Legal assistant time
- Motions or discovery disputes
We become partners with you on your case and if we don’t recover for you, we simply do not get paid.
Every case is different; therefore we consult with our business clients about the nature of their case and the amount in controversy prior to giving a contingent fee quote. However, most cases are taken on a 25 to 33&1/3 percent contingent fee if the case can be resolved short of filing a lawsuit and taking depositions and 33&1/3 to 40 percent if a suit is filed and discovery commences. Forty percent is our maximum fee even if we have to take your case all the way through a jury trial and post-verdict motions. All fees are negotiable depending on the nature of the case and the amount in controversy.
Most of the time we expect our business clients to pay court costs and litigation expenses as they accrue. These costs include our direct out of pocket expenses for court filing fees, deposition costs, expert fees, and out of county travel expense. Significant costs are cleared with and approved by the client prior to the expenditure. However, under certain circumstances and at the client’s request, we may advance payment for court costs and litigation expenses which will be reimbursed to us later from the client’s share of the recovery. This is one of the ways in which we partner with our clients to help them through difficult times that may have been caused by the very wrong we are working to redress rather than adding to their burden with expensive legal fees.
Need More Information? Contact The Law Offices Of Vic Feazell, P.C.
If you would like to learn more about our contingency fee policy, we would be happy to provide you with more information. Our ultimate mission is to make this process less overwhelming for you and your loved ones. Let us put our extensive resources and experience to work for you. We are readily available to answer any questions you may have before deciding to move forward.
For more information about our contingency fee policy, contact us today.