How Much of a Personal Injury Settlement Should You Be Receiving?
(727) 381-2300 St Petersburg Personal Injury Attorneys McQuaid & DouglasThe topic of this video is how much of a personal injury settlement should you be receiving. Now I want to use the term you, I'm referring specifically to the client in a personal injury case and with us being lawyers in Saint Petersburg, Florida, we process injury claims day in and day out, and our clients often come to us throughout the course of the case. And their primary question is, well, what? What does it mean for me? What is the net settlement? To me, I understand Mr Mcquade, you're talking about x number of dollars, but what's the net to me? So what I like to do in every single case where there's been, there have been numbers discussed, we produce a settlement sheet and now I don't know if every lawyer does that, but my office does. So we prepare a settlement sheet outline outlining what the offer is and then again, deducting out all of the expenses and showing the net settlement to the client. Because think about it, at the end of the day, you as the client, you're primarily concerned with, what do I get? What is the check to me? I understand you may have settled for a huge number of dollars, but if I'm not receiving a big proportion of it, what does it really matter? So, uh, I'd like to go through using this video just to sort of discuss where the fees costs and other, uh, itemized expenses come out of a settlement that you need to be prepared for. So right off the top you have attorney's fees out. Uh, if a case goes into litigation, the fee is 40%. If it's settled prior to litigation or lawsuit, it's a third. Now that number is also somewhat flexible. Uh, for example, if I filed a lawsuit and the case has not gone on for years, often I will go back and say to the client, I'll reduce my feedback down to a third in order to maximize the number of dollars. *The above has been transcribed by a third party service and has not been checked for accuracyOur Petersburg Personal Injury Attorneys McQuaid & Douglas5858 Central Ave suite aSt. Petersburg, FL 33707St Petersburg Personal Injury Attorneys McQuaid & Douglas are committed to helping their clients achieve the best possible outcome. If you or a loved one has suffered a personal injury due to someone else's negligence, don't hesitate, contact us today at (727) 381-2300. We are open 24/7 and you will be speaking with an attorney.Looking forward to your call! (727) 381-2300#personalinjury, #attorney, #saintpetersburg, #stpete, #lawyer