You Can Save Money on Legal Fees
You Can Save Money on Legal Fees
Except in serious or complicated cases, a lawyer is usually able to negotiate for you only an extra 10% to 25% above what you can obtain for yourself, once you understand the claims process. But a lawyer will take 33% to 40% of your recovery as a fee, and in addition charge you for "costs" -- charges for administrative services such as making copies and holding conference calls. Subtract the lawyer's fees and costs from the extra amount of the settlement a lawyer might get, and you'll see how much better you can do on your own. Attorneys go above and beyond and cover the cost of your entire law suit for months, most often years. With Mediation you are going directly to the source and you are resolving now, allowing less to come out of your bottom line.