There are two ways that Merced County CA personal injury lawyers get paid. The first way is by settling personal injury cases outside of court. The other way is by winning personal injury cases in court. That’s because about 99.9% of all personal injury cases involve contingency fees when the attorney is only paid if he or she obtains a monetary settlement or award for the client. If the case is lost, no legal fees are due. That type of an arrangement operates to balance the interests of both the attorney and the client.
We Get Paid From the Settlement Check:
When a check comes from an opposing insurer in connection with a settlement or award, it’s ordinarily payable to the client, our law firm and any entities claiming a lien over their share of the proceeds. Once we obtain signatures from all payees on the check and a signed settlement statement from the client, we deposit the check in our client trust account. When funds transfer from the insurer’s bank to our bank, we make all appropriate disbursements in short order.
Beware of Settlement Mills and Requests for Cost Money:
Be cautioned about lawyers who hold themselves out as personal injury attorneys with extremely low percentages for attorney fees. That could be the sign of a settlement mill that doesn’t have your best interest in mind. You’re also cautioned about a law firm that will want you to deposit a sum for costs on a personal injury case. That could be a sign of a firm that either isn’t very successful in personal injury law or not very confident in a successful outcome of your case.
Always make sure that you get a signed copy of your written contingency fee agreement. Assuming that your case settles, or an award is rendered, you’ll also want copies of all signed final documents. After entering into a retainer agreement with our Merced County CA personal injury law firm, you’ll never need to worry about any of the above issues. We operate by the letter of the law.
