What’s the most a lawyer can take from a settlement? | Team Green Law

Car Accidents

What’s the most a lawyer can take from a settlement?

Learn more about settlements following a car accident, including how much you can expect a lawyer to take from the settlement.
Collin Green

TGL Attorney

Collin Green

What’s the most a lawyer can take from a settlement

What’s the most a lawyer can take from a settlement?

The percentage a car accident attorney takes from a settlement depends on the fee agreement with the client. In most instances, this contingency fee ranges from 33% to 40% of the total settlement amount. It is essential to review all documentation carefully and seek clarity on any terms before entering into a legal agreement. For further guidance, please contact Team Green Law.

How much should I ask for a settlement?

When determining a fair car accident settlement, key considerations include the types of damages sustained and the total cost of medical treatment related to the accident. If you’ve suffered physical injuries, it’s also important to account for lost income due to time away from work, whether for hospitalization, recovery, or follow-up care.

Beyond economic losses, non-economic damages — such as pain and suffering — should also be factored into the overall value of your claim. Insurance companies are expected to take all of these elements into account when evaluating a settlement offer.

If the offer you receive does not fully reflect the impact of the accident, it is in your best interest to consult with a car accident attorney promptly. At Team Green Law, our attorneys can help you assess the offer, negotiate with the insurance company, and advocate for just compensation.

How long does a lawsuit take for a car accident?

The timeline for resolving a car accident lawsuit can vary widely based on several factors, such as the complexity of the case, the jurisdiction where it’s filed, and the pace at which both parties exchange information and evidence. If a lawsuit becomes necessary, these variables can significantly impact how long the process takes.

In general, most car accident cases are resolved within several months to three years. However, cases that involve extensive discovery or proceed to trial may take even longer. In these complex scenarios, working with an experienced car attorney is essential. A knowledgeable lawyer can help you understand what to expect, keep your case on track, and guide you through every stage of the legal process.

What is the longest a settlement can take?

The timeline for reaching a car accident settlement can vary, but most are resolved within 6 to 12 months after the injured individual has finished medical treatment. However, more complex cases or those involving significant disputes often take much longer — between one and three years. The legal process itself can also contribute to delays, as certain court procedures must be completed before a settlement can be finalized.

How long does it take to get settlement money from a car accident?

The timeline for receiving settlement funds after a car accident depends on several key factors. The complexity of the claim plays a major role, as more complicated cases typically take longer to resolve. Additionally, each insurance company operates on its own schedule, with processing times ranging anywhere from a few days to several months.

Legal disputes between the parties involved can also cause delays. Because of these complex variables, it’s challenging to provide a precise estimate for when settlement money will be disbursed.

How do I ask my lawyer about my settlement?

Your car accident lawyer is your primary point of contact for any questions regarding your settlement. Reach out directly to explain the nature of your inquiry. Your lawyer will provide you with specific details about when the settlement check will be processed, how it will be issued, and any other relevant updates.

Additionally, your attorney can offer guidance on how to handle the funds, including any tax implications or other considerations. It’s important to ask for clarification whenever needed, as your lawyer is an invaluable resource to ensure that every aspect of your settlement is handled correctly.

How long can a lawyer hold a settlement check?

In Indiana, attorneys are required by the Rules of Professional Conduct to notify clients promptly upon receiving settlement funds and to deliver those funds to the client or any entitled third party. Lawyers must also provide a detailed account of how funds are disbursed and maintain accurate records of all transactions related to the settlement check. If the settlement involves a guardianship or estate, the lawyer may need to seek court approval before distributing the funds to ensure everything is handled legally.

This process is in place to protect both the client and the attorney, ensuring transparency and accountability throughout the settlement disbursement process. If you ever have concerns about delays or the handling of your funds, it’s always best to reach out to your lawyer for clarification.

Team Green is a different kind of law firm. We’re not going to make you promises we can’t deliver on. This is our promise to you: ​​we will guide you through the legal process, working with you through straight talk and personal attention, and we’ll work for you with smart, aggressive representation to get the settlement or judgment you deserve. Other lawyers show their case results on their websites, but not only does that imply results they can’t guarantee — it’s against the Indiana Rules of Professional Conduct (Rule 7.1 [2] (2)).  But you should know that the results of one successful case does not tell us what will happen with you. We will work with you to set realistic expectations of the timeline and money that could be recovered for your unique case.