Legal representation is crucial to a strong lawsuit. If you’re considering suing someone, it’s important to understand the cost of hiring a skilled attorney.
So, how much does it cost to hire a lawyer to sue someone? The cost of hiring a lawyer will depend on that attorney’s fee structure and the complexity of your case.
A lawsuit can strain your finances, especially if it drags on for longer than expected. If you’re struggling to pay your bills while waiting for your case to conclude, personal injury pre-settlement funding can tide you over.
How Much Does It Cost to Hire a Lawyer to Sue Someone?
The cost of hiring a lawyer depends largely on how they bill their clients. Most attorneys use one of three methods: contingency fees, hourly rates, or flat fees.
For personal injury cases, most lawyers work on contingency. That means you don’t pay anything up front. Instead, your lawyer takes an agreed-upon percentage of your settlement or judgment if you win your lawsuit. If you lose, you generally owe them nothing.
For other types of lawsuits, like business disputes, property conflicts, or defamation claims, attorneys often use hourly rates. These rates can vary widely depending on experience and location, but usually range from $150 to $500 per hour. Some lawyers may also offer flat fees for simpler cases, but this arrangement is rare for complicated, time-intensive lawsuits.
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What Other Expenses Are Involved in a Lawsuit?
Even if you have a great lawyer, attorney’s fees are only one of the many costs associated with filing a lawsuit. Some of the other expenses include:
- Court filing fees: You must pay a filing fee to officially file your case. The specific amount you’ll owe will depend on the court you visit and the type of lawsuit you initiate.
- Service of process: This covers the cost of formally notifying the defendant about the lawsuit.
- Expert witnesses: If your case involves technical or medical issues, experts may charge hundreds or even thousands of dollars per hour.
- Depositions and transcripts: The recording of witness testimony will add an extra expense to your suit.
In some cases, your lawyer may pay these costs upfront and then deduct them from your settlement or award later on.
What Is the Average Cost of a Lawsuit?
Since every case is different, the average cost of a lawsuit varies widely. A straightforward civil case might cost a few thousand dollars from start to finish, while a personal injury lawsuit could cost tens of thousands, especially if it goes to trial. A more complex case could even run you upwards of $100,000 once expert witnesses and discovery expenses are factored in.
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Why Is Suing So Expensive?
Legal action is expensive because it requires time and labor and involves risk. Attorneys must spend countless hours researching, drafting legal documents, and negotiating settlements, and if yours is working on contingency, they’re taking a financial risk by investing their time and resources with no guarantee of payment.
This risk is built into each attorney’s fee structure, which can explain why legal costs often seem steep even before trial.
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Is It Worth It to Sue Someone?
The answer as to whether it’s worth it to file a lawsuit depends on the specifics of your case. If you’ve suffered significant harm or financial loss, legal action can help you recover damages and hold the other party accountable. However, if the defendant has few assets or the potential payout is small, you might end up spending more on legal fees than you’d recover in court.
Before you file a lawsuit, speak to an attorney about your case’s strengths, weaknesses, and potential outcomes. In some situations, settlement negotiations or mediation might save you both time and money.
Where Does Pre-Settlement Funding Come In?
A lawsuit can drag on for months or even years. One way to ease financial pressure while your case is pending is to apply for pre-settlement funding. This type of funding isn’t a traditional loan, but rather a cash advance against your expected settlement. If approved, you can use the money to cover bills, rent, or other expenses while waiting for your case to conclude.
If you win your lawsuit, you’ll repay the advance from your settlement. If you lose, you won’t owe anything.
How Do I Apply for Pre-Settlement Funding?
Applying for pre-settlement funding through Pegasus Legal Capital is simple. You can start the process by filling out a short online application form with some basic information about your case. Next, a funding specialist will reach out to your attorney to go over your case’s details. Once your application is approved, you could receive your funds within 24 to 48 hours.
When you apply with Pegasus Legal Capital, there’s no credit check, employment verification, or upfront costs. Instead, we base our decision solely on the strength of your case.
Apply for Legal Funding Today
If the cost of suing someone feels overwhelming, pre-settlement funding from Pegasus Legal Capital can provide the financial stability you need. With a fast, hassle-free application process and no risk if you lose, it’s an easy way to make ends meet while your lawyer fights for the maximum possible settlement.
Call today to find out whether you qualify for funding.
Your pre-settlement funding consultation is free — contact us today!