How are Personal Injury Settlements Paid Out? 00:00 Introduction 00:20 Three Ways Lawyers Get Paid 01:58 How Contingency Fees Are Paid 02:17 Example Personal Injury Case 03:31 Detailing the Distribution Process
Ever wondered how personal injury settlements are paid out? In this video, we break down the complex process of settlement payouts, making it easy to understand.
Learn about different ways attorneys get paid: Flat Fee, Retainer or Hourly, and Contingency Fee (most common in personal injury cases).
Discover what happens after a settlement is reached: How checks are processed and what goes into a law firm's trust account.
Understand the breakdown of a settlement: Attorney fees, case costs, medical bills and liens, and what the client actually receives.
We walk you through a detailed example, showing exactly how a $100,000 settlement gets distributed. You'll see firsthand how various fees and costs impact the final amount a client receives.
Whether you're dealing with a personal injury case or just curious about the legal process, this video provides valuable insights into how the system works.
Have questions? Need help with a personal injury case? Call us at (321) LAWSUIT. We're here to help!
DISCLAIMER: This video is for informational purposes only and does not constitute legal advice. Spetsas Buist Accident Injury Lawyers (www.SpetsasBuist.com) offers free legal consultations and works on a contingency basis - you pay nothing unless we win. We are not a big box law firm; our clients have direct contact with their lawyer. However, we cannot guarantee results, and nothing in this video should be construed as a guarantee. Each case is unique, and the facts of each case will affect its value. Past results do not guarantee future results. This is an attorney advertisement for Spetsas Buist PLLC, located at 225 E Robinson St, Suite 542, Orlando, FL 32801. The lawyers responsible for this ad are licensed in Florida and may rely on co-counsel for some cases. At least one managing partner holds an active law license in South Carolina, Georgia, and North Carolina, as well as Florida. The choice of lawyer is an important decision and should not be based solely on advertisements. Our services are not available in all states. Cases may be associated with or referred to other law firms. FREE BACKGROUND INFORMATION IS AVAILABLE UPON REQUEST.
