"Assuming All the Risk
Plaintiffs’ lawyers are risk takers. Generally, they bear all the financial costs of litigation in exchange for a portion of any final verdict or settlement. These cases can cost hundreds of thousands of dollars to pursue and often take years to resolve. Plaintiffs’ lawyers don’t get paid a dime during this time. They usually pay all the costs associated with building a case, from paying investigators and accident reconstructionists to hiring expert witnesses.
Plaintiffs’ lawyers take this enormous risk based on their belief in the justice system, their belief in the case and their belief in their own ability to persuade a jury of the rightness of their position.
Meanwhile, the defendant’s lawyer or legal team has nothing on the line. These defense attorneys receive either a salary from the insurance company or charge an hourly fee."
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