Do I need an attorney for my personal injury claim?
Posted on Thursday, February 20th, 2014 at 3:27 pm
An amateur handling their own personal injury claim is like an amateur working on their own car or fixing their own computer. You might get the job done, but it’s going to be a lot harder and take a lot longer than it would if you have a professional take care of it for you. Like all professionals, attorneys charge fees for their work. Generally, having an attorney on your personal injury claim raises the settlement value of the claim by far more than what the attorney takes as a fee. The insurance industry has concluded that who have hired attorneys settle for an average of fifty percent higher than injured people without an attorney.*
*Richard A. Derrig and Herbert I. Weisberg, Determinants of Total Compensation for Auto Bodily Injury Liability Under No Fault; Investigation, Negotiation and the Suspicion of Fraud, published in Insurance and Risk Management, volume 71, January 2004, at pages 633 through 662.