When it comes to workers compensation claims in Louisiana, there are several reasons to hire an attorney rather than do it yourself. One of the most important reasons is to understand how much of a settlement a lawyer can take from the claim.
The amount of money that a lawyer can take from a settlement in Louisiana is regulated by the state. Generally, the lawyer is entitled to a fee of 20% of all amounts recovered. This means that if the lawyer is successful in obtaining a settlement for you, they will take 20% of the total amount of the settlement.
So every case is different, and fees can vary. However, the 20% rate is the statutory rate regulated by the state. This means that it is the same for all lawyers, regardless of the size of the firm or the experience of the lawyer.
It is important to note that the 20% fee does not include any costs associated with the case. These costs can include filing fees, expert witness fees, and other costs associated with the case. These costs are typically paid by the client, and the lawyer will not take a percentage of them.
It is also important to understand that the 20% fee is only applicable to settlements. If the case goes to trial, the lawyer may be entitled to a higher fee. The amount of the fee will depend on the complexity of the case and the amount of time and effort that the lawyer puts into the case.
When it comes to workers compensation claims in Louisiana, it is important to understand how much of a settlement a lawyer can take from the claim. The amount of money that a lawyer can take from a settlement in Louisiana is regulated by the state, and is generally 20% of all amounts recovered. It is important to note that this fee does not include any costs associated with the case, and that the fee may be higher if the case goes to trial. Hiring an attorney can be a great way to ensure that you get the best possible outcome from your workers compensation claim.