Q: Is there a legal maximum percentage that a lawyer can take out of a personal injury settlement?
A:
The fee has to be reasonable. A lot depends on the "settlement." Many people have liens on their cases, some even go for "settlement funding" which is a rip off, so they see the attorney getting "more than they did" when the attorney is usually only getting a third, but the client has so many debts to be paid out of their 2/3's they end up with less.
However, the usual fee in Mass is 1/3, in tough product cases or malpractice cases I've seen it go to 50%
If you aren't getting a good vibe, consult another attorney--look for one who is a member of the Mass Academy of Justice for the county where it happened. Give me a call if you have other questions, need the names of some attorneys etc.
A:
The fees are generally governed by state statutes.
Tim Akpinar
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