What Are the Legal Fees?
We feature a unique lemon law attorney fee arrangement, prompting a quick resolution to your case. It is set up so that we never get paid more than the amount you recover for your problem lemon vehicle or consumer product.
There are no universal lemon law fee arrangements by which all attorneys must follow. Often, you will find that a law firm’s payment schedule is not in its clients’ best interests. It is not uncommon to find that some law firms base their fees on the number of hours they have billed to your file, while they tell you their representation is “free” and the manufacturer pays all of their attorneys’ fees. Unfortunately, should a settlement offer be presented early in your case, prior to the point of your lawyer accruing numerous hours, a quick settlement may not benefit them. This may encourage lengthy litigation of a claim, which could have been easily settled out of court with a little more patience on the front end.
What if the manufacturer offers $10,000 to settle your case, but your attorney has $7,000 in time billed to your file, leaving only $3,000 to be paid to you? Your lawyers end up with a lot more money than you do. Even if other lemon law firms tell you that the manufacturer must pay their attorneys’ fees, the reality is that in almost every situation, cash settlement offers from the manufacturers are made in lump-sum amounts. The manufacturers recognize that you have a right to possibly recover your attorneys’ fees in court, but offers are rarely made to settle our clients’ lemon law cases that are broken down between the amount offered to the client and the amount offered for attorneys’ fees.
Why should this concern you? Picture a scenario where a manufacturer offers $6,000 total to settle your lemon law car case, but your attorney has $8,000 in time billed to your file! This would prompt going to trial on your case when a settlement might have been reached. With Luxenburg & Levin, you will be protected from this predicament. The power is in your hands to decide when your lemon law case should settle or go to court. You will never be forced to continue litigation of your lemon law case for the mere reason of paying your lawyers.
Some law firms may apply the contingent fee arrangement to earn a percentage of the total recovery from a vehicle replacement or buyback. With this sort of fee arrangement, it is actually possible to end up owing your lawyer money when all is said and done! As an example, you placed a $5,000 down payment upon purchasing your automobile. In addition, the bank has been paid $4,000 to date and your loan payoff is $21,000, for a total of $30,000. Should your lawyers earn 33% of the total value of the settlement, they would be owed a $10,000 fee. However, you only received $7,000 back for your payments, owing your lawyer another $3,000. How would you purchase a new car? Out unique fee agreement protects you from this ever happening.
No attorneys’ fees are owed unless and until we earn a settlement for you, while you pay nothing during your ongoing lemon law case. Should we fail to recover anything for your losses, we do not earn a fee. As you can see, we have as much interest in an acceptable recovery as you do. If you would like more information concerning our fee arrangement and how it can be of benefit to you, call us at (877) 846-1209 and you will speak to one of our experienced lemon law attorneys, or fill out our form for a free lemon case review.
