New York Retainer Agreement for Personal Injury Cases: Understanding the Basics
If you have been injured in an accident and are looking to hire a personal injury lawyer in New York, you may be wondering about the retainer agreement. A retainer agreement is a contract between a lawyer and a client that outlines the terms of their legal relationship. In this article, we will discuss the basics of the New York retainer agreement for personal injury cases.
What is a Retainer Agreement?
A retainer agreement is a contractual agreement between a lawyer and a client. It outlines the terms of the legal services that will be provided, including the scope of the representation, the fees, and the timeline for the case.
In a personal injury case, the lawyer typically works on a contingency fee basis, which means that the lawyer only gets paid if they win the case. The contingency fee is usually a percentage of the settlement or verdict, which is agreed upon in the retainer agreement.
What to Look for in a Retainer Agreement?
Before signing a retainer agreement, it is important to read it carefully and understand its terms. Some important things to look for in a retainer agreement are:
Scope of Representation: The retainer agreement should clearly define the scope of the lawyer`s representation. This includes what legal services will be provided, and what will not be provided.
Fees: The contingency fee percentage should be clearly stated in the retainer agreement. Additionally, any other fees that may be associated with the case, such as court fees or expert witness fees, should be discussed in the retainer agreement.
Timeline: The retainer agreement should include a timeline for the case. This includes deadlines for filing paperwork, discovery, and trial dates.
Confidentiality: The retainer agreement should include a confidentiality clause that protects the client`s personal and legal information.
Termination: The retainer agreement should outline the circumstances under which the lawyer or client can terminate the relationship.
Hiring a personal injury lawyer in New York can help you navigate the legal system and get the compensation you deserve for your injuries. However, it is important to understand the terms of the retainer agreement before signing it. Make sure you read the agreement carefully, and ask your lawyer any questions you may have before agreeing to the terms. By doing so, you can ensure that you have a clear understanding of what to expect during the legal process.