Frequently Asked Questions About The Legal Fees Related to ICBC
Personal Injury Cases.
How Are Fees Charged?
Legal fees for an ICBC lawsuit can be paid in one of two
ways.
- The conventional method of
payment of legal fees is on a hourly basis, with legal fees and all accumulated costs being billed as the case proceeds. This means
you would personally finance the total lawsuit regardless of the
eventual outcome.
- TAYLOR GRANITTO has found that
in most personal injury actions, contingency fees are chosen by
our clients. This offers individuals the security of paying
legal fees only upon the successful completion of the lawsuit.
What Are Contingency Fees?
Contingency fees are billings based on a percentage of the
settlement or award when the claim is complete. Contingency fees
generally range from 25 to 33 percent of the settlement. However,
those fees are often significantly reduced by the recovery of
costs against the dependent. The time devoted to pursuing a lawsuit can accumulate quickly making it
difficult if not impossible for many individuals to afford
pursuing the claim.
Therefore, to conduct a lawsuit for a personal injury claim with
fees paid on a percentage basis is a viable option for many
individuals.
When Are Contingency Fees Paid?
For our personal injury clients, our fees and expenses are not
billed until the case is settled or decided. All expenses (costs
and disbursements) related to the lawsuit are paid by TAYLOR GRANITTO and recovered after
the conclusion of the claim.
Will There Be Any Other Charges That I Have To Pay During The
Case?
TAYLOR GRANITTO has the resources to cover all costs incurred
during the lawsuit. You will not be required to finance any of the
proceedings.
If The Action Does Not Result In My Favour, How Much Will That
Cost Me?
In a contingency fee arrangement, if we cannot settle your claim, through no fault of your own, or
if we lose at trial, we will bill you
only for our expenses. The amount would vary depending on the type
of claim. This would be explained to you in detail prior to
commencing a claim on your behalf.
TAYLOR GRANITTO
466
Trans Canada Hwy. Duncan, B.C. V9L 3R6
Phone: (250) 748-4444 Fax: (250)
748-5920 Toll Free: 1-800-665-5414
