Why I Charge What I Charge - Legal Fees & Your ICBC Injury Claim
In British Columbia most lawyers who handle ICBC injury claims are paid on a percentage basis ( it's called a contingency fee agreement).
The maximum legal fee a lawyer in B.C. can charge you to handle your ICBC injury claim is 33 1/3 % of what they recover from ICBC by way of a settlement or at trial.
So why is it that different lawyers charge different percentages ?
Do you want the truth or some kind of a rationalization ? The truth. OK. Good.
The truth of the matter is that most lawyers charge what the market will bare in terms of their services.
Every law firm has a different reputation, certain strengths and certain weaknesses.
Some law firm's practices are focused primarily, if not exclusively, on ICBC injury claims. And the client has to pay for that expertise.
Some law firms have a track record of taking cases to trial. Others seem to settle most if not all of their cases. The firms that are in trial (on a regular basis) usually command a higher fee.
The experience and reputation of the lawyers associated with a particular law firm is a factor involved in the fee charged.
The level of staffing which a law firm provides its clients also can be a factor when it comes to the legal fee a client pays. Often the firms who provide more service to their clients seek to command a fee which reflects exactly that.
At the end of day, when comparing the legal fees charged by differing lawyers, I would suggest that you give strong consideration to the age of maxim ; " The only bargain is quality."
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