re: How much do lawyers make on a winning case? What percent?

1/3 is becoming history. I see 50% these days, which pushes the definition of a reasonable fee. Also a lot of plaintiff lawyers have referral networks so one firm does not pocket the whole contingency.

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1/3 is becoming history. I see 50% these days, which pushes the definition of a reasonable fee. Also a lot of plaintiff lawyers have referral networks so one firm does not pocket the whole contingency.

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I can't really argue against the 50%. You're talking if it goes to trial, a lot of billable time that is not being paid out for many, many years.

There are carrying costs. Insurance. Overhead. For all those months before the suit settles.

If you're talking quick settlement- 25/35%.

Trial should absolutely be up to 50%.

And no, I'm not an attorney. I had a wrongful termination suit that went 3.5 years and I ended up paying out 38%, settling the day before trial.

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Before the hospital would try to get that 50,000, and that would be what the court would use as a baseline to decide damages, and then the hospital would negotiate that 50,000 with the attorney and get a lesser amount, and the attorney would pocket the rest of the money.

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I am not saying it never happened, as I have read In Re opinions where it did, but it was/is unethical and illegal. If there is anything bars, state supreme courts, and judges hate, it is attorneys stealing clients' money which that is.

There was a time (I think most jurisdictions prevent it now) where in some jurisdictions, the attorney could take their fee for the reduction. So if their fee was 33% and they reduced the meds by $25k they could keep $8,333.33 as a fee. Again, I think all jurisdictions have ended that double dip.