Understanding contingency agreements and the maximum workers’ comp lawyer fees that can be charged.
It is no secret that large corporations and insurance companies can afford to hire lawyers who specialize in workers’ comp cases. They charge hourly rates and quickly run up legal bills in the thousands of dollars. Reducing or eliminating the payment of workers’ comp benefits is their goal and it is done at your expense. Many disabled employees do not even realize a defense lawyer has been hired to review a claim until after a Notice of Dispute has been received in the mail.
Most disabled employees cannot afford to pay a lawyer on an hourly basis. This is especially true when they are just trying to pay rent and put food on the table. Michigan law recognizes this unfairness and allows a workers’ comp lawyer to be hired on contingency. This means no workers’ comp lawyer fees will be charged unless additional benefits are obtained. These are called no win no fee cases.
A lawyer who takes a matter on contingency will also typically advance court costs and litigation expenses. This is very important because it can cost thousands of dollars to prepare a case for trial with a magistrate. Medical records must be ordered and get billed at .45 per page under Agency rules. Doctors charge between $500 and $2,500 per hour for their deposition testimony. Vocational experts charge up to $1,000 for a written report and their testimony. Court reports typically charge between $250 to $500 for each witness who is deposed. It is impossible to win at trial unless these expenses are paid first. Appeals cost even more money and will be a near certainty should the employer/insurance company lose at trial.
How much are workers’ comp lawyer fees?
Michigan law restricts the amount a workers’ comp lawyer can charge on contingency. If benefits are disputed, the workers’ comp lawyer fees are 15% of the first $25,000 and 10% on what’s left of any settlement. If benefits are currently being paid, the lawyer fees are only 10% of the settlement.
If benefits are disputed and then later paid voluntarily, the workers’ comp lawyer fees are 30% of what is obtained. The lawyer fees will also be 30% of past-due benefits if the case is successful at trial. It is possible to win attorney fees for medical bills under specific circumstances.
No win no fee lawyers
There are no lawyer fees if a disabled employee fails to recover additional benefits or a settlement. Do not let the fear of cost prevent you from hiring a great workers’ comp lawyer. Level the playing field and protect your legal rights. The initial consultation is always free. Lawyer fees are easily paid off by larger settlement amounts when then insurance company knows they can lose at trial.
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) 316-8033 for a free consultation today.