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Can a Lawyer or Attorney Steal your Settlement

Can a Lawyer or Attorney Steal your Settlement

Can a Lawyer or Attorney Steal Your Settlement, A settlement is a colony or any small community of people. This can be a community that’s smaller than a town, like a village. Also, if one country establishes a colony somewhere else, that can be called a settlement. The other kind of settlement happens when something is settled, like the end of a disagreement. Unlike other professions, your attorney has access to and is the custodian of your money. And, just as there are those who act without concern for others, some lawyers steal client funds.

How Long can a Lawyer Hold a Settlement Check

As we have covered, a settlement check timeline can be as long as three months, or even a year. The reason to avoid hasty settlement is that some injuries may take longer to manifest their severity or for surgery or treatment to provide maximum evidence to the injured party.

How Much Can a Lawyer Take From a Settlement

In the majority of cases, a Personal Injury Lawyer will receive 33 percent (or one third) of any settlement or award. For example, if you receive a settlement offer of $30,000 from the at fault party’s insurance company, you will receive fees $20,000 and your lawyer will receive $10,000.

Can a Lawyer Hold a Settlement Check

Usually, a settlement check is sent to the attorney of record. The attorney may hold the check in a trust or escrow account until it clears. Your attorney will also deduct his or her own share from the settlement funds for the legal services that he or she provided and for the advancement of any legal costs.

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