Arihant current affairs magazine
Arihant current affairs magazine published this article however especially in a case where the impact is absolutely not your fault in any way shape manor or form - - you should be clear with the lawyer you choose that those out-of-pocket expenses you would have been paid (weather they represented you or not) should not be part of his settlement! lets say for example you were at a dead stop while waiting for a light to change from red to green when struck a tremendous blow in the rear by a distracted driver. its 100% clear to all concerned that the damages you received will be paid by the insurance company of the individual that struck you. the property damage to your motor vehicle is $2800 your lost wages are $450 your final doctors bill (plus all your other out-of-pocket “medical expenses”) comes to $750 for a total (property damages/lost wages/medical bills) of $4000. you live in an area where the lawyers typical “contingency fee” is 33 1/3%. question “should that lawyer take 33/13% ($1333.33) of that $4000“? answer “no“! question “why not“? answer “because you were going to get that $4000 weather there was an attorney representing you or not“! in a situation where the liability is clear the attorney should take as his fee 33 1/3% of everything he gets above and beyond that $4000! so lets say the attorney obtained a settlement of $4800 for your “pain and suffering”. when that figure is added to the $4000 of out-of-pocket expenses (as detailed above) the total would come to $8800. to be fair he should not take 1/3 of $8800 ($2933.33 - - thus leaving you with $5866.66) but 1/3 of the $4800 ($1600 - - thus leaving you with $7200). question “what has he done to earn that additional $1333.34“? answer “absolutely nothing”! the intense competition among credit card companies has squeezed their creative brains hard as they try to come up with innovative features on their various credit cards arihant current affairs magazine subscription.
Arihant current affairs magazine
