Attorneys in a law office or auto accident law firm can really help you get a larger settlement in so many different ways. Lawyers have so much experience that help them contribute to increasing your potential settlement offer from an insurance company. You want to make sure that you have the most solid foundation and the most support possible going into settlement offers and negotiations with insurance companies. Ultimately, your goal is to get as close to full compensation as possible. Conversely, the insurance company’s goal is to have you settle as quickly as possible and for the least amount of money possible. You must remember this whenever you go into talks and negotiations about your settlements with insurance companies.
Can I Negotiate Myself?
The quick answer is yes, but the better question is should you have to? With negotiating settlements, it is always beneficial to have somebody on your side that has experience in this department. Most of the time, if you hire an attorney to help you with settlements, you pay nothing out of pocket and they will deal and work with the insurance company from the beginning to the very end. Statistics also show that individuals that hire lawyers receive settlements that are on average over three times higher than those that do not.
You should not have to settle for less than what your case is worth. Without experience, it is difficult to know what the worth of your case is or what your settlement should be. Adjusters have responsibilities to their insurance companies, or their employers, and their ultimate goals are to delay these processes every chance they get so they can discover ways to deny your claim or limit your claim’s potential value. Whether it is an injury claim, due to motor vehicle accidents, property damage, etc., it is important to make sure that you get as close to full compensation as possible.
Will My Insurance Company Be Fair with My Settlement?
Typically, insurance companies are not as fair to victims as you would hope. Many times, insurance companies like GEICO and State Farm string victims along to the point that it is far too late for attorneys to help. This is why it is incredibly important to get an attorney from the very beginning to help you with the settlement process. You truly deserve 100% of your medical expenses for both the past and the future as well as full compensation for lost wages, pain and suffering, property damage, etc.
As a victim, you are free and able to accept whatever amount an insurance company offers you, but statistics show that when a victim is represented by a motor vehicle accident lawyer or an attorney in general, the settlement offer tends to be much higher. Many people do not realize that personal injury lawyers or attorneys do not cost you anything. They simply earn money when, if, they win your case, which means that you never have to risk losing any money because you hired an attorney. Even with the attorney’s fees, the statistics still show you as being likely to win more money in profit than you would have had you handled the claim and gotten the settlement on your own.
Is There a Maximum Amount That a Personal Injury Attorney Can Take in a Settlement?
Usually, personal injury attorney fees are a percentage of the client’s settlement total after the disbursement of fees of a successful claim. Because of this, again, you do not have to concern yourself with paying an out of pocket fee for these attorney services. Other expenses and fees typically lessen the amount available to individuals and lawyers based on administrative fees, expert testimony, bills, and other items.
Most attorneys in the personal injury area charge a contingency fee for cases. This can prevent costly legal fees that others pay for entire cases. There are also upfront expenses and fees that your lawyer or attorney should go over with you; this can also depend on the case or the state. Some attorneys actually charge upfront expenses and fees in place of contingency fees.
Generally, the maximum amount that an attorney can take from a settlement does not exist in a dollar value. For the most part, when taken to civil court, attorneys can take up to about ⅓ or 33.33% of the settlement total for personal injury claims. Ultimately though, the amount that a personal injury attorney makes or takes in a settlement is determined based on your agreement and contract, meaning that there should be no surprises at the end of the settlement.
What Should I Do to Obtain a Larger Settlement?
If you are looking to seek compensation for accidents that have occurred and you are struggling to figure out the proper path for you, reach out to us at Duffy & Duffy Law Firm. We have various lawyers including personal injury lawyer and island car accident lawyers. At our law firm, we understand that you are going through a lot, and we understand that if you are coming to us that you have been through a lot. Because of that, we offer you a free consultation to go over your concerns and see how we can best help you.
If you have an injury claim, we want to make sure that you get the compensation you deserve! That is what we are here for! We proudly serve the people of Suffolk County and Nassau County. In the event of accident and injuries, we understand the statute of limitations, and will fight for you to ensure that you get the compensation you deserve! You have been through enough. Let us help you get through this.
Also, with the current state of the pandemic, plenty of insurance companies are not negotiating properly with clients because of the coronavirus and the state of the pandemic. Because of the pandemic itself, the courts have been shut down and that negatively affects all auto accident cases, tremendously. We offer great services through our Long Island auto accident attorneys that are set and ready to fight for you! Do not hesitate to reach out to us if you have any concerns or questions.