Where's the Money?
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Just the other day I spoke to a lady on the phone who
did not understand how she could receive only $70,000 in the hand from a
$200,000 settlement. It would have
been easy to make out her lawyer must be crooked and make myself look good but
that is foolish when you don’t know the full story. However I know the firm who act for her and as their standards are considered very good I encouraged her to talk to her lawyers before making a complaint.
I suspected that her personal injury solicitor
had not made it clear how much she had to pay out of her damages for money
already spent on her case. When a
judgment or settlement is given all the money spent past and present is taken
into account. For example you may
have been making $700 per week before your accident but after the accident you
only received $400 a week. The
compensation will be calculated using the larger figure but the money already
received will be deducted from the money you receive. It is the same with medical treatment. Even if Medicare paid for all of it the
cost of the treatment the cost the government expended is included.
This can all add up to big total so after
legal costs you may receive in your hand a lesser figure than you thought you
would. Where your solicitor has
failed is not in honesty but in not making sure you understand how the
compensation is worked out.
I told my caller to try to talk to her
solicitor and not be put off. If the
solicitor failed her then she must talk to the Legal Services Commissioner if
she wants to have the service provided reviewed.
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