Join Date: Aug 2006
Location: West Lafayette, Indiana,
Re: Severe Lack of Compassion
One thing that you need to consider when you are complaining about the fee the Attorney's received, is the fact that most of the time when an Attorney takes a case on a contingent fee, the attorney pays all of the expense of litigation as well. So he pays the cost of the experts, including Medical experts, witnesses, depostions, the cost of copying medical reports, and other court costs, including any fees for obtaining Local Counsel if necessary. Standard fee agreements allow them to recover those expenses if they win. BUT, if they lose, the attorney's get NOTHING. The most common fee schedule on contingency fee cases are for 1/3 of the recovery. However, if the case is appealed by the loser, most agreements allow for an additional percentage of the eventual recovery. Again, the Attorneys pay for the cost of the Appeal as well. I have been involved with several cases where the costs of litigation alone where over $100000. If you win, you get it back. If you lose you don't!