If you are injured at work or in a personal injury accident, you want to maximize your take home amount so that you can have some financial security in the wake of an injury. However, maximizing your income doesn’t mean that you need to minimize your expenses. It’s certainly possible that you could earn an injury award on your own, but there’s a good chance that you’re leaving a fair amount of money on the table if you take on the insurance company by yourself. In today’s blog, we explain why hiring a lawyer is a very cost effective move.
Maximize Your Award By Hiring An Attorney
Hiring a lawyer is one of the most fiscally responsible things you can do if you are hoping to maximize your injury award. Here’s a quick look at some of the reasons why it makes so much financial sense to hire a lawyer if you are hoping for a large payday after an injury.
Building A Strong Case – One of the keys to a significant injury award or settlement is building a strong argument that factors in all relevant expenses. You’re probably not very familiar with building a strong case, but it’s what your lawyer does every single day. If you want a better chance of getting the insurance company or a judge to see things your way, you need to be able to put together an airtight argument that clearly lays out why you deserve the compensation you’re asking for. A lawyer will be able to do that with ease.
Negotiations – The vast majority of injury cases are settled before court, and in order to get the other side to agree to a higher settlement offer, you need to be able to argue your case during negotiations. Again, you probably have little to no experience with this, but your attorney will be a bulldog advocating for your claim. An attorney can almost always secure significantly more in an award than a claimant would be able to get on their own thanks to their experience negotiating against the lawyers on the other side.
Win-Win Representation – Unlike a criminal defense attorney, which will require a retainer and cost hundreds or thousands of dollars to defend you in court, you will have no upfront or out-of-pocket expenses when hiring an injury lawyer. That’s because they operate on a contingent basis, meaning they only get paid when you win your case. Best of all, their take home amount is tied to a small percentage of your total winnings, which means the more money they get for their clients, the more money they end up taking home. They have a real vested interest in getting you as much money as possible with your claim, because their interests are aligned with yours.
Reduced Denial Likelihood – A large number of claims are rejected each year, and many people simply stop pursuing a claim once it’s been denied. Studies have found that it’s much less likely that your claim will be denied at the outset if you have a lawyer filing your claim, and they also know how to navigate an initial denial in the event that your claim isn’t approved. Your odds of getting nothing from your claim are much higher if you go it alone, so hire a lawyer and make it easier to secure an award and avoid a worst case scenario.
Peace Of Mind And Your Own Time – Finally, a lawyer is a cost effective option because it takes the burden off your plate. Instead of spending hours developing your case and defense strategy, you can focus your attention on your health and your family. Freeing up your time certainly has financial upside, and it also provides you with peace of mind. We can’t put a specific dollar amount on peace of mind, but knowing that everything about your case is filed correctly and within tight time constraints certainly eases the burden associated with your case, and for some that assurance is priceless. Let a lawyer mitigate the physician, emotional and financial burden by handling your case.
Let us prove to you just how cost effective hiring a lawyer can be. Choose Hey Workers and let us go to work on your behalf to earn you the largest award possible. For more information, or for help with a different injury issue, reach out to our team today at (844) 439-9675.
