Sample Settlement Statement

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Get Help From our Michigan Workers’ Comp Lawyers Today
You’re not alone. Our Michigan workers’ comp lawyers have been called the best in the state, and we pride ourselves on providing you with care, trust, and responsiveness.

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

Direct Payments

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.

Related information:

Injured On The Job: A Guide to Michigan Workers’ Compensation Law (Free Book)

Photo courtesy of Creative Commons, by 401(K) 2013.

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Author Bio Jeffrey Kaufman

Author
Jeffrey E. Kaufman
Michigan Workers Comp Attorney

Jeffrey E. Kaufman has extensive experience in workers compensation cases and has recovered millions of dollars in benefits for his clients. He believes all injured workers deserve to be on equal footing with insurance companies and employers, and fights tenaciously so their rights are secured and protected.


“Jeff also helped me with getting my Blue Cross bills paid. I would absolutely recommend him and the whole firm. Jeff and the firm did everything they were supposed to do for me and my case.”
Ricardo Perfetto

Hundreds of 5-Star Reviews

Related Blog Posts

Get Help From our Michigan Workers’ Comp Lawyers Today

You’re not alone. Our Michigan workers’ comp lawyers have been called the best in the state, and our clients love how they’re treated with care, respect, and responsiveness. We will give you the time you need, we will explain your legal rights, and we will always treat you with respect.

Our workers’ compensation and Social Security disability lawyers always put your needs first. Get to know your legal team.

Our attorneys post regularly about common issues related to workers’ comp, including common injuries, settlement calculations, laws, and more.

Injured? It’s Time to Get Some Answers

Don’t let the insurance adjuster push you around. Request your free consultation today.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Our attorneys post regularly about common issues related to workers’ comp, including common injuries, settlement calculations, laws, and more.

Our workers’ compensation and Social Security disability lawyers always put your needs first. Get to know your legal team.