Similar to a Missouri injury lawyer, a St. Louis workers’ compensation attorney will usually charge on a contingency fee basis. What is a contingency fee again? A contingency fee is a percentage of the final settlement. That means the attorney does not get paid unless you win and their fees are taken out of your settlement.
The difference between the contingency fees of a Missouri injury lawyer and a St. Louis workers’ compensation attorney is that there are more strict limits on the percentage that your St. Louis worker’s compensation attorney can take. In Missouri, a workers’ compensation attorney can only take 25% of the final workers compensation settlement.
In the end, the limit on attorney’s fees is good for victims, but maybe not for the reasons you would expect. Instead of encouraging people to shop around for the attorney who charges the lowest fees, victims are free to choose an attorney based on their qualifications and experience. Why? Most attorneys end up charging about the same percentage for a workers’ compensation case, so the criteria on which to pick your St. Louis workers’ compensation attorney can change.