How Much Does A Personal Injury Attorney Make?
When you hire a personal injury attorney you can safely assume that his fee will be 33% of your settlement. However, this does not include any of the expenses associated with the suit, only the attorney fee. Realistically you can expect to spend 45 – 60% of your settlement on your attorney and all the related expenses associated with your case. The related expenses will include all the court fees, the acquisition of paperwork and processing of that paperwork, fees for experts, medical expenses incurred by you and even postage for the forms that are mailed. These expenses are not included in the attorney fees. Some state bar associations have regulated attorney fees to only 30 percent of the total settlement.
Are Personal Injury Attorney Fees Negotiable
While you can never say never, it is very unlikely that your personal attorney will negotiate a lower price for their fees. However, you may be able to save money by offering to provide as many medical records as possible saving yourself the cost of having to request them from your doctor.
Does A Personal Injury Attorney Purposefully Rack Up Charges So They Can Charge More
Creating false charges in any type of business is fraud. A personal injury attorney will not risk loosing their license or face jail time to boost their bottom line. When you have a court case that involves a personal injury there is a lot of expense involved. Court filings alone can run into the several hundreds of dollars and compliance to all court procedures will cost more. Copies of records, depositions and other paperwork all cost money. Postage, paper, envelopes and court reporters are all part of a case expense. There are many issues that must be covered for a person to have proper legal representation.