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Who Exactly is Responsible: It can be difficult for the average person to determine who exactly is responsible for exposing victims to asbestos. For example, companies can move, go out of business, hide, suppress relevant information, and change ownerships. In some cases, your former company is responsible, the manufacturer of the asbestos products may be responsible, or supervisors and/or owners may be responsible. In other instances, there may be just one sole responsible entity, yet in a different case, there may be several responsible parties. Remember that part of the law firm’s job is to research, seek out, and determine the entity or responsible parties that are liable for your exposure to asbestos.
→What Are Law Firm Fees?
Law firms may have different fees as well as different payment options. However, an experienced and caring law firm understands that victims of asbestos-related diseases more than likely have enough financial burden in dealing with their illness, and are unable to afford up-front fees for legal representation. As a result, many firms work on what’s known as a contingency fee basis, meaning that they only get paid when you get paid.
If the law firm doesn’t win your case, they don’t receive compensation either in most instances. The good news, however, is that a firm has to be confident enough in your case to take it on, meaning there is a good chance that if your case is picked up, it will be successful.
Law firm fees are percentages taken out of your total settlement or verdict amount, and again, the percentage amount will vary depending upon the firm. Make sure you understand how the fees and percentages work with the firm beforehand so that there will be no confusion later on.
If a law firm doesn’t provide a contingency fee basis, there is a good chance that they don’t have the financial resources to successfully prove your case. Keep in mind that you’ll want a firm that has the financial capability to take on your case on a contingency fee basis.