00:04
the personal injury lawyers at the
00:06
schmidt
00:07
salida law team offer to work on a
00:10
contingent fee basis
00:12
how does that work first of all the
00:16
client doesn’t have to pay an
00:17
hourly fee for the lawyer the lawyer
00:21
gets paid only upon producing
00:24
a settlement in the meantime the lawyers
00:28
contribute to the cost or pay for the
00:30
cost of the expenses
00:32
of working up the case which sometimes
00:35
can be
00:35
quite sizable it includes collecting
00:39
medical bills
00:40
hiring investigators hiring expert
00:43
witnesses
00:45
only to be compensated or reimbursed for
00:48
those expenses
00:50
out of the settlement it’s a win-win
00:53
deal for the client and quite frankly
00:56
it provides an incentive for the lawyer
00:59
to work harder
01:01
the lawyer gets paid only when the
01:03
lawyer produces a settlement and the
01:05
larger the settlement
01:07
the larger the contingent fee it’s
01:11
strong strong incentive and it works to
01:14
the benefit of the client
01:16
and the lawyer