Q What is a retainer agreement and how does it relate to my Charlottesville, Virginia personal injury case?
Virginia law firms create contracts prior to the business partnership with the client. These contracts are called retainer agreements. This document will contain all information regarding attorney fees, costs, and any additional information as per the attorney and client agreement. Most of the time, these are standard contracts. Many personal injury fees have a standard agreement of 33.33% or 40% retainer fees on their cases with the law firm "fronting" all costs. This means that the law firm will pay all costs (i.e.filing fees, service fees, investigation fees, etc.) in the case and then will be reimbursed by the settlement or verdict. It is important to read any contract carefully and ask questions if you do not understand something. While many firms will not collect attorney fees on a case if it is not successful, the client is still responsible for the costs spent in the case.
If you have been injured in Charlottesville or the surrounding area, contact The Warren Firm at 434-688-0899 for more information.