Q: My wife was in accident not her fault & settlement is 25k 8,333 att fee 521 cost 5,223. Med Net 10,900
Is this normal?
A: Without many facts—that is a very typical breakdown of a settlement disbursement in Florida for a car wreck case.
Charles M. Baron agrees with this answer
A: I think you're asking if the disbursement amounts are normal, rather than asking if the gross settlement amount of $25K is normal. Either way, a lawyer would have to review the matter to tell you if the dollar amounts are as they should be. Regarding disbursements, GENERALLY: (A) the attorney's fee is one-third of the gross recovery if the matter is not litigated (not put into court) (and fee higher if litigated); the fee is specified in the written retainer agreement ; (B) the attorney is then reimbursed for all cost expenditures, such as for investigation, records, postage and delivery services; (C) any outstanding medical bills are then paid (and those bills are often negotiable, so are often reduced from their original amounts). What remains after than is the client's net recovery. The attorney should provide an itemized closing statement setting forth each cost category and each medical bill. In my firm, we also show on the closing statement the medical bill amounts before and after negotiation, though that is not required to be shown.
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