Archive for Personal Injury Lawyer

Where does the money go if a Plaintiff wins at trial?

Please read the below article from our friend Howard Spiva, Savannah lawyer.

Many people, including jurors have misconceptions on “big verdicts”. Often folks think winning a law suit or settlement is like hitting the lottery.

The truth is no one would want the injuries that our clients have in most of our cases for any amount of money.

When you recover a jury verdict the first thing that happens is that a portion of the money goes to pay medical bills. Now you might say doesn’t everyone have insurance? Well the sad truth of today is that many people do not have insurance. However if there is insurance, most have a right or subrogation or reimbursement.

Insurance whether someone has health insurance or car insurance it is something that is hidden from you actually while you are sitting on a jury. The other thing that happens is if medical bills have been paid by a health benefit plan or a health insurance company, they are looking to be reimbursed. So a portion of the money that the jury awards must go either to pay the doctors or to reimburse the health plan.

The second thing that happens is you have the cost of the trial. The costs of trial can vary from a few thousand to over one hundred thousand in complicated cases. Costs include depositions of witnesses, doctors, experts and other medical providers. We have cases in our office today that the costs already exceed one hundred and fifty thousand dollars.

If doctors come to trial live just that testimony can costs anywhere between $5,000-10,000 to pay them for time missed from surgery, time missed from seeing patients in the office, time preparing for the trial. Many cases have multiple doctors involved.

Costs and medical bills are not anything the lawyer gets or the client. These monies go straight to the doctors. If the doctor testified by video tape deposition anywhere from $3,000-5,000 will have spent to get that doctor there.

Typically lost wages will be reimbursed even though someone may have had sick leave or vacation time they used. That is now time they can’t use because they have already burned it.
So if a jury awards money for lost wages that goes to compensate for time lost from work.

Of course the lawyer is going to get paid. Typically they have been working on case for a couple years without any guarantee of getting paid. They are charging typically between a third and 40% of the recovery.

Finally after all those things are paid, the client/ injured person gets what is left over to compensate for any their harms and losses including their permanent disability, scarring, pain and suffering, and other intangibles.

Read more of Howard Spiva’s posts at his blog.

We also invite you to visit our Website and Car Accident Blog!

UM/UIM Coverage is really important

We will try to keep this blog from solely being about insurance coverage, but we ran into the issue again yesterday.  We were retained to represent a pleasant young lady that was seriously injured in a car wreck that was not her fault.  Based on the insurance company for the negligent and wanton driver, we expect the insurance limits to be only $25,000.00.  Unfortunately, our client’s UM/UIM limits appear to be only $25,000.00.  $50,000.00 sounds like a large sum of money, but we expect this young lady’s medical bills to easily far exceed that amount.  We urge all of you to consider raising your UM/UIM limits.

We recommend $250,000, but not everyone can afford this.  You should at least make sure that your UM/UIM limits are at least as high as your liability limits.  In the case of our client, her liability coverage was $50,000.00.  If she was negligent or wanton and injured someone, that other person would have up to $50,000.00 of insurance to cover medical expenses, lost wages, and other damages.  If you have any questions about UM/UIM coverage, watch the below video or give us a call.

We also invite you to visit our Website and Car Accident Blog!

Circo Children’s Task Lamps, 13,000 of which have been sold at Target in 2011, have been recalled. You can return the lamp to Target for a full refund.

Read more about the recall here.

 

We also invite you to visit our Website and Car Accident Blog!

Signs of concussion

Even a mild blow to the head can cause a concussion, and concussions don’t always result in a loss of consciousness. Signs include:
• Headache or pressure in the head
• Nausea or vomiting
• Balance problems or dizziness
• Double or blurry vision
• Sensitivity to light or noise
• Feeling sluggish, groggy or dazed
• Difficulty paying attention
• Memory problems
• Confusion
• Numbness or tingling

(Source: Mayo Clinic)

We also invite you to visit our Website and Car Accident Blog!

Jeremiah was honored and thrilled to be listed by “Super Lawyers” as a Rising Star for the year 2011.  This selection is limited to 2.5% of the lawyers in Alabama under forty years old.  Jeremiah was chosen for his work in personal injury.

Our firm is thrilled for Jeremiah’s accolade, but the real reward is being able to assist our clients.

We also invite you to visit our Website and Car Accident Blog!