The average cost of a personal injury lawyer varies from one lawyer and case to the next but in general, it takes into account two factors:
- The agreed-upon contingency fee; and
- The compensation amount that’s awarded to you by a jury or in a settlement.
For example, if you receive a $200,000 settlement with a contingency fee arrangement of 33 percent, your personal injury attorney will receive $66,000. With a contingency fee arrangement, you’re not taking any financial risk. If your attorney wins, you receive compensation; otherwise, you’re not responsible for paying any money.