Easily Save Thousands of Dollars in Attorney Fees
This table compares the three scenarios from the Attorney Negotiation
Script
Coming soon, showing the results of your negotiations. The first
column shows no reduction for subrogation. The second column shows that you
negotiated the attorney's fee percentage to be applied only on the net
award. The third column shows that you compromised with the attorney,
excluding from the fund to which the attorney fee is applied an amount
equal to two-thirds of your medical expenses from subrogation. All three
examples show that your attorney negotiated a 28 percent reduction in
subrogation payments due your insurer, at no cost to you.
| Position |
Favoring Attorney |
Favoring Client |
Compromise |
| Calculate Fees on: |
Gross Award |
Net Award |
Exclude 2/3 Subrogation |
| Total Award |
$ 24,000 |
$ 24,000 |
$ 24,000 |
| Less |
($ 0) |
($ 6,000)
(100% of Subrogation) |
($ 4,000)
(2/3 of Subrogation) |
| Recovery Fund to which attorney fee percentage will be
applied |
$ 24,000 |
$ 18,000 |
$ 20,000 |
| Less attorney fees |
($ 8,000) |
($ 6,000) |
($ 6,667) |
| Less Costs |
($ 1,000) |
($ 1,000) |
($ 1,000) |
| Subrogation Payments (28% reduction, per example above) |
($ 4,320) |
($ 4,320) |
($ 4,320) |
| Total reductions from award |
($ 13,320) |
($ 11,320) |
($ 11,987) |
| Net Recovery in your pocket |
$ 10,680 |
$ 12,680 |
$ 12,013 |
| Your savings in attorney's fees
by negotiation of a reduction in the recovery fund |
$ 0 |
$ 2,000 |
$ 1,333 |
Think of it: simply by following the instruction here on
SettlementCentral.Com, you may be able to save between $1,333
and $2,000 on a mid-size personal injury claim. That is quite a
recovery for an investment of $_____ and a few hours of your time and
effort! Your savings will increase in proportion to an increase in
subrogation.
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