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Fees for Attorneys Can Grow Rapidly and Pile Up

Fees for Attorneys Can Grow Rapidly and Pile Up

Fees for Attorneys Can Grow Rapidly and Pile Up


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Home Page > Law > Personal Injury > Fees for Attorneys Can Grow Rapidly and Pile Up

Fees for Attorneys Can Grow Rapidly and Pile Up

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Posted: Aug 22, 2010 |Comments: 0
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One bill a 60 year old lady has been paying each month is a lawyers fee, and she’s been paying it for four years now. She was awarded 1 per month in a disability case. The lawyer now takes a large percentage of the payout. In the same state, a local newspaper reports that a disabled miner is still paying his lawyer for a similar action that happened 10 years ago! The miner was awarded 4 each month. The lawyer takes a large share of it.

These are people who needed representation but could not afford exorbitant legal fees. The woman referenced above has a terminally ill husband and they receive welfare. Poor clients are not the only ones with difficulty paying legal fees. The middle class gets hurt by them, too.

As pointed out in his book about lawyers, one particular author has stated that the middle class is the perfect target to victimize because they have money and assets but nobody to represent this class in the state legislature. The irony is that the majority of our nation’s lawyers come from middle class backgrounds, so perhaps they are subconsciously targeting the middle class with these high fees.

Lawyers usually charge hourly fees. After all, doctors and plumbers charge by the hour, so why shouldn’t attorneys? Of course lawyers should be paid. The real question is just how much they should get and how long the payments should be paid to them. Sometimes the fees that lawyers charge are for a lifetime, even if they’ve only provided services for a divorce, a probate will, or a personal injury case.

There have been cases of lawyers who steal from their victims, like orphans and widows who have money that is trusted to the lawyer. Instead of stealing the money outright, they chose to impose huge fees for the service of maintaining the trust accounts. In one case, which took place over five years’ time, two legal partners charged over sixty percent of a six figure estate. The victim was a man whom the court rule unable to manage his own affairs due to incompetency. In this particular case, the lawyers had to return the money. One lawyer, not widely accepted by his peers, sued the other lawyers to get the money back. He was the only one who would take the case.

The media in general do not have a healthy respect for how much of a news source the court system can be for them, and this has contributed to these types of shady dealings. The media usually will not report what the lawyers are getting paid for the case, even though this information is readily available for them to see. The bar associations also do not discourage these types of practices within the field. They don’t want any changes made to the relationship between client and lawyer. If anyone dares to publish a negative report about any aspect of the legal profession, the bar association quickly responds.

Sometimes a lawyer will only accept a percentage of any winnings. They don’t charge an hourly rate. One lawyer, in conjunction with his bar association, wants minimum fees applied to all cases. These contingency fee agreements state that the attorney can take a percentage of the money awarded if the case is successful. Twenty-five to fifty percent is the normal range paid in personal injury suits.

This fee is purely an American invention, very much like poker. England and most of Europe have taken the position that the attorney cannot participate in a lawsuit if there is only an arrangement that the attorney is paid if the case is successful. Injured workers were first helped in the US in 1848 with contingency fees. They didn’t have any money to file a civil suit, so the contingency fee solved the problem.

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As a person looking for workers compensation lawyers you should visit that site.You can get the best workers compensation lawyer information by visiting this website.

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As a person looking for workers compensation lawyers you should visit that site.You can get the best workers compensation lawyer information by visiting this website.

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