30% Attorney Contingency Fee on New Orleans Car Accident Cases Means You Keep More of Your Money
- Many Louisiana personal injury law firms charge a 40% contingency fee for car accident cases.
- Our firm charges 30%.*
- This means that by hiring the Law Office of Keith L. Magness, LLC you keep more of YOUR Money!
Again, quite simply, by hiring our firm, you keep more of your money!
For example, let’s assume that we recover $100,000.00 on your behalf from the other driver’s insurance company. If you hired another firm, you will likely owe them $40,000.00 in attorneys’ fees. But by hiring Attorney Keith Magness and the Law Office of Keith L. Magness, LLC, you will keep $10,000.00 more. Even if your case is only worth $10,000.00, by hiring us you will keep $1,000.00 more of YOUR money. That’s additional money in YOUR pocket, instead of ours! It’s your injury, and that’s where more of the money belongs.
Why Do We Charge Less For Car Accident Cases than our Competition?
As more fully explained here, on October 13, 2001, Attorney Keith Magness lost his mother in an auto accident on I-10. After his mother’s funeral, Keith’s family began receiving calls from the insurance company. As a second-year law student, Keith was viewed as the “lawyer” in the family, and tasked to deal with them. In Keith’s initial discussions with the adjuster, little was offered.
Stressed by the loss of his mother and the normal issues associated with law school, Keith contacted two Loyola Law alumni known for their personal injury work. Although liability/fault was not an issue in the case, each attorney quoted a 40% fee to handle the matter. Keith was shocked. This did not sit right with him. While Keith firmly believes an attorney deserves to be compensated for his/her skill and the time spent advocating of his/her client’s behalf, a 40% fee did not seem fair under the circumstances.
Having personally experienced the stress associated with an auto accident, the loss of a loved one, and the haggles of a large insurance company seeking to pay as little as possible, Keith decided to buck the “traditional” personal injury fee structure in Louisiana and charge his clients less. To this end, it is the policy of Keith’s firm that if they are able to resolve a client’s claim without need for filing suit, the firm’s fee is only 30% of the gross recovery amount. If suit must be filed, the fee is only 37%. Keith can tell you from personal experience that this is much lower than what most other Louisiana personal injury and/or auto accident firms charge.
How Can We Charge Less than Our Competition?
Clients often ask how we can charge so much less than other personal injury attorneys, especially those seen on TV. The answer is really quite simple:
When he established his own law firm, Attorney Keith Magness did so with the belief that the client, not the attorney, should keep more of the money. After all, it is the client’s injury or accident. With this in mind, Keith Magness organized his firm to run in a lean and efficient manner by utilizing the latest technology to reduce costs. This has allowed Keith to realize his goal of offering a reduced contingency fee, and has resulted in the Law Office of Keith L. Magness, LLC’s clients keeping more of their money than if they had hired a competing personal injury or car accident law firm like one of those you see on TV.
Additionally, the TV lawyers have to charge more money because they have to pay for the TV ads! Television advertising is extremely expensive, and costs tens of thousands of dollars per month. We don’t advertise on TV. Instead, we put the money the firm would have spent on TV ads in the pockets of our clients through use of a discounted fee. Those clients then do our advertising by “spreading the word” about our firm and referring their friends and family. Everybody wins and, most importantly, our clients keep more of their money!
Call our office today at (504) 264-5587 to schedule your free no obligation initial consultation today and keep more of YOUR MONEY!
We Work For Free Unless We Recover Money for You
We work on a contingency fee basis for New Orleans personal injury and auto accident cases. This means that you pay us nothing – NO FEES, COSTS OR EXPENSES – unless a New Orleans personal injury attorney on our team gets money for you.
We also front the expenses for your claim, such as police report fees, postage, copies, medical records, investigations, etc. These costs are then taken out of the settlement you receive from the insurance company, along with our fee.
Finally, you may hear other attorneys advertising “no fee unless they collect,” or a “no fee guarantee.” It is important to note that is what a contingency fee is. It simply means that the payment of attorney’s fees is contingent upon there being some kind of recovery. The Law Office of Keith L. Magness, LLC difference is that we offer low 30% contingency fees for auto accident cases, which of course means you will always keep more of YOUR MONEY if you hire us to represent you!
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Material presented on www.magnesslaw.com is intended for informational purposes only. It is not intended as professional advice and should not be construed as such. Any unauthorized use of material contained herein is at the user’s own risk. Keith Magness is licensed to practice law before all Louisiana state and federal courts including the United States Fifth Circuit Court of Appeal. To learn more about Attorney Keith Magness click here.
* Should we be able to resolve your car accident claim before filing suit, our firm limits its fee to 30% of the gross amount collected. If suit must be filed, our fee is 37%, which is still less than the “traditional” fee charged by many Louisiana personal injury law firms. The fee will not increase any more even if we have to take the case to trial.
* Please note that in addition to the agreed upon contingency fee, should we collect money on your behalf via settlement or judgment, you will be liable for costs and/or expenses. These sums will be subtracted from your portion of the settlement proceeds and will be identified on a settlement statement provided to you. Click here to learn more about the fees charged by our firm.