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    Jan
    8
    2025

    Will a Personal Injury Lawsuit Take All Your Money? Debunking Common Myths

    When you’ve been injured due to someone else’s negligence, the idea of filing a personal injury lawsuit can feel overwhelming. One of the most common concerns is whether pursuing a claim will leave you financially burdened or “take all your money.” This misconception can prevent victims from seeking the compensation they deserve, but understanding the truth about how personal injury cases work can help ease those fears. In this post, we’ll break down what you need to know about the costs and financial aspects of a personal injury claim.

    1. Personal Injury Lawyers Work on a Contingency Fee Basis

    Most personal injury lawyers, including those at our firm, work on a contingency fee basis. This means you pay nothing upfront and only owe a percentage of the settlement or judgment if your case is successful. If your case doesn’t yield any compensation, you owe nothing in attorney fees. This arrangement allows victims to pursue justice without the risk of out-of-pocket legal expenses.

    1. Court and Litigation Costs Are Often Advanced by the Firm

    During a personal injury case, there may be additional costs for things like court filing fees, expert witnesses, medical records, and more. These costs can add up, but we cover these expenses upfront and only deduct them from your final settlement. This approach keeps your finances intact throughout the case, and if your case does not result in compensation, we will often waive these costs.

    1. Settlements Are Designed to Cover More Than Just Your Attorney Fees

    One of the purposes of a personal injury settlement or award is to cover the full scope of your losses. This includes medical bills, lost wages, pain and suffering, and other damages associated with your injuries. The goal is to make you financially whole, not to drain your finances. We will work to secure a settlement that fairly compensates you for your losses and considers your future needs, such as ongoing medical treatment or loss of income.

    1. The Myth of “Losing Everything” Is Just That—A Myth

    Some people believe that if they lose a personal injury case, they’ll be left paying hefty legal fees, even if they don’t win. This myth couldn’t be further from the truth. In a contingency fee model, we assume the risk, not the client. We take cases we believe have a solid chance of success, so clients can pursue compensation without worrying about “losing everything.”

    1. Many Cases Settle Without Going to Trial

    A large percentage of personal injury cases settle out of court, which can be less costly and time-consuming than going to trial. By reaching a fair settlement agreement, you avoid court fees and the time investment of a trial, allowing you to obtain compensation sooner. We will negotiate with insurance companies and opposing counsel to reach a settlement that meets your needs without incurring unnecessary costs.

    1. Recovering Compensation Helps Secure Your Financial Future

    Without filing a personal injury claim, you might end up bearing the financial burden of medical bills, lost wages, and other injury-related expenses on your own. Filing a claim not only helps you recover what you’ve lost but can also ensure your financial security moving forward. Personal injury law is there to protect you from financial hardship caused by someone else’s actions, and it provides a pathway to pursue compensation without jeopardizing your current assets.

    How Miller Personal Injury Attorneys Can Help

    A personal injury claim should not be seen as a drain on your finances but rather, as a means to secure the compensation you deserve. With a trusted personal injury attorney by your side, you can navigate the legal process without worrying about your financial well-being. At Miller Personal Injury Attorneys, we are committed to helping our clients understand their rights and pursue justice confidently, without fear of financial ruin.

    If you have concerns about the costs involved in a personal injury case or want to know more about how we can help, please call or text us today at (702) 330-0013 for a free consultation. We’re here to ensure that you can focus on healing, while we focus on getting you the compensation you deserve.

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