What plaintiffs need to know about attorney fees and reasonable expenses in a Michigan workers’ compensation case.
We have previously blogged about attorney fees and reasonable expenses. Our clients always want to know how much they will receive when a settlement is final.
Here is an example of a settlement statement. Included are typical expenses, attorney fees, $100 redemption fee payable to the State of Michigan, direct payment to a physician’s office and funding a Medicare Set-Aside.
Total Redemption Settlement Amount: $180,000.00
Attorney Expenses Under R408.44(5)
Subpoenaed medical records: $95.00
Medical witness fee: $1,500.00
Court reporter: $400.00
Vocational evaluation: $600.00
Total expenses: $2,595.00
Attorney Fee Calculation Under R408.44(3)(4)(7)
15% of first $25,000 $3,750.00
10% above $25,000 $15,240.50
Total attorney fees: $18,990.50
Redemption Fee (Payable to State of Michigan): $100.00
Medicare Set-Aside $25,000.00
ABC Physician Group $2,500.00
Total direct payments: $27,500.00
Net Amount to Plaintiff: $130,814.50
Michigan Workers Comp Lawyers never charges a fee to evaluate a potential case. Our law firm has represented injured and disabled workers exclusively for more than 35 years. Call (844) 201-9497 for a free consultation today.
Photo courtesy of Creative Commons, by 401(K) 2013.Tags: Michigan workers comp lawyers