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Money and Finances
Reply to "Medical malpractice settlement question"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]For medical attorneys - don't go for standard 35% fees. That's for suckers. I had a case in the past and negotiated structured fee with the attorney. He was a super lawyer too but still agreed. I went fro 15% for a certain amount, say $500K and then 20% from $500-750K, and so on. Was able to negotiated his fees fro 17.5% and saved about $175K. After listening your case, lawyer would understand if he wants to do it for reduce fees or not. I interviewed atleast 7 lawyers and chose him[/quote] :roll: lol. [/quote] Usually the lawyers who will fall for this need the money desperately and may not hold out to get the top settlement. Usually insurers will settle cases that are good but the insurance defense lawyers need to make sure they bill a certain amount to the case to extract the most fees they can before they will entertain settlement. Even though after all the depositions etc the basic facts of the liability really haven’t changed. Basically you need to hold out the the plaintiff lawyer needs to be able to finance the case far enough until the defense lawyers will recommend settlement. [/quote]
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