What is the name of your state?What is the name of your state?What is the name of your state? New Jersey
Hi all, accident settlement time is here and my lawyer has asked for my authority to settle my case for $175K. He's prepared to send a settlement demand letter and states he will demand "well in excess" of that since he's working on a contigent basis (of course the higher the recovery, the more he gets paid). My questions are: (1) I should get a copy of this initial demand letter correct? (2) is there a normal percentage that lawyers usually ask over the bottomline of what they think a case is worth? and (3) should I be expecting him to inform me of every counter offer made by the insurance adjustor?
I have a pretty reputable firm representing me but I just want to be sure I am getting all that I'm really entitled to. Thanks in advance!