"Client agrees to pay for legal services at the following rate: 33 1/3% of any recovery by settlement, or award prior to the filing of a complaint or responsive pleading, and 40% of any recovery or judgement at or after the filing of a complaint or responsive pleading."
is that a normal amount for an attorney to take? 73%? that seems a bit much. should i get a different attorney.
thank you to anyone who answers/attempts to answer
-Lacey
2006-12-04 09:30:54 · 10 answers · asked by Lacey 4 in Politics & Government ➔ Law & Ethics
That is not what it says. He will take 33.3 % if he settles it out of court before the case goes to trial.
If you go to court and the matter is settled there then his fee is 40% of the award. This is understanable because court costs are more
He is not taking 73% - he will either take 33.3% or 40% depending on how the case is settled
Actually, that is a normal fee. Some attorneys are charging 50%
2006-12-04 09:34:39 · answer #1 · answered by Anonymous · 2⤊ 0⤋
That's not what it says. If you settle the case BEFORE a Complaint is filed the rate is 33 1/3rd of the settlement amount. If you settle the case or win at trial AFTER a complaint is filed, the percentage is then 40. You would not pay 73%, only 33/13 or 40% depending on which way the case goes.
Yes, those are both common rates.
2006-12-04 17:34:49 · answer #2 · answered by Starla_C 7 · 2⤊ 0⤋
It's 33% if the case settles before he files a complaint and 40% if the case settles or you win at trial after he files a complaint.
It's a pretty standard atty fee contract, however, you should be able to find some attys that will take 33% regardless of when the case settles + costs of course.
2006-12-04 17:44:36 · answer #3 · answered by orzoff 4 · 1⤊ 0⤋
You won't be paying 73%, you will pay either 33 1/3 OR 40%, depending on when the settlement is made. One third is normal, or you could call and see what Legal Aid would charge.
2006-12-04 17:36:34 · answer #4 · answered by smartypants909 7 · 2⤊ 0⤋
It does not sound right.
i think the "AND" just before the 40% should be an "OR" generallly attorneys get 33% on average for recovering money or something of this nature.
Bring your question to him and don't sign anything until you are happy with the way things are written.
Do not take his word for it that he will fix it after you sign the papers. Only sign them when they are correct.
If he is unwilling to do this. Get another attorney.
2006-12-04 17:37:21 · answer #5 · answered by alanpks4 4 · 0⤊ 1⤋
1/3 sounds reasonable
2006-12-04 17:40:14 · answer #6 · answered by ? 7 · 1⤊ 0⤋
What if the lawyer settled 4 1600 and gives you 250.00
2014-08-26 23:28:32 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Lacey~
If you are looking for an affordable and reliable Law Firm in your State, please contact me. I will save you TIME and MONEY. This is VERY affordable and will get you access to your Legal Rights. I will provide more in depth information, if you contact me. Hope to be of service to you and yours.
Sincerely,
Jon
2006-12-04 18:24:56 · answer #8 · answered by Anonymous · 0⤊ 0⤋
You might want to see if the "and" shouldn't read "or" in there, just for clarity's sake, but that's the meaning I get from my reading. It'll be a little more verbose that way, requiring further clauses to be certain of the meaning, but what legal document isn't verbose?
2006-12-04 17:40:54 · answer #9 · answered by Anonymous · 0⤊ 1⤋
That is waaaay too much. You should turn him in to the Board that oversees attorney ethics.
2006-12-04 17:47:15 · answer #10 · answered by Lou 6 · 0⤊ 1⤋