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re: Question about a settlement check

Posted on 1/22/18 at 3:00 pm to
Posted by Napoleon
Kenna
Member since Dec 2007
69097 posts
Posted on 1/22/18 at 3:00 pm to
Usually takes 9-10 months, it's like a pregnancy.lol
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89541 posts
Posted on 1/22/18 at 3:01 pm to
quote:

So you’re saying that they still might deduct more for medical fees, or has that already been done?


If they're calling you to tell you to come get the check, it's highly likely they've resolved everything and you've been told everything (including your final number). They do this a lot, baw.
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
65988 posts
Posted on 1/22/18 at 3:01 pm to
damn! Gordon could have gotten you $250k
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 1/22/18 at 3:01 pm to
quote:

I was involved in an accident last year and here my neck, and took my case to the OT’s favorite baw, Spencer Callahan. They called me today and told me they received the check, but that is has to go through bookkeeping first and then they’ll call me to pick it up. The check is for 12 grand... I assume this is before they take out all their fees, etc.? Excuse me for being so ignorant but I’ve never dealt with anything like this before.


SO this is the first time you hear about this settlement?
Posted by gmrkr5
NC
Member since Jul 2009
14891 posts
Posted on 1/22/18 at 3:03 pm to
quote:

Pretty minor — just soreness/stiff neck. I only went to the chiropractor for a couple mos.



you're part of the problem
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89541 posts
Posted on 1/22/18 at 3:03 pm to
quote:

The check is for 12 grand... I assume this is before they take out all their fees, etc.?


If that's what you agreed to settle for, then, yeah - that's the "gross" settlement. That should include your general and special damages. They will deduct their fee and any outstanding expenses. You should get a draft disbursement sheet before they actually have you come in - they want all your questions answered so they don't mess around with it at the office.
Posted by tgrbaitn08
Member since Dec 2007
146214 posts
Posted on 1/22/18 at 3:06 pm to


This post was edited on 1/22/18 at 3:07 pm
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25639 posts
Posted on 1/22/18 at 3:07 pm to
I'm curious. In LA are you able to get away with cutting the client a check for their part prior to the draft clearing into the trust account? Most firms his size have several hundred thousand floating in the trust account and I have known a lot of firms that did it this way but none of my firms ever did.

Also seems rather stupid from the Attorney's POV to call up with a number over the phone they weren't clear about. I never discussed any settlement offers unless they were in person and with numbers on paper people could see, too much to get confused about and blow up the settlement.
Posted by the paradigm
Moon Township, PA
Member since Sep 2017
5417 posts
Posted on 1/22/18 at 3:07 pm to
It’s been over a year, maybe 18 mos, and that’s without having to go to litigation. Went to one attorney and she told me it wasn’t worth pursuing. Took it to Spencer and he got it done.
Posted by LSUSkip
Central, LA
Member since Jul 2012
17553 posts
Posted on 1/22/18 at 3:09 pm to
Gotta make sure Dr. Plantz gets his money too.
Posted by pbro62
Baton Rouge
Member since May 2016
11345 posts
Posted on 1/22/18 at 3:09 pm to
You are officially one of the richest people posting on here now.....can't you just call the lawyer for frick sake?
Posted by the paradigm
Moon Township, PA
Member since Sep 2017
5417 posts
Posted on 1/22/18 at 3:10 pm to
YEp, this is the first I’ve heard from them in months. This is the 3rd or 4th different attorney at his office that has handled my case. Isaac Khalid — good old baw
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67590 posts
Posted on 1/22/18 at 3:11 pm to
Spencer is too busy doing hand drills...might be our next wr coach
Posted by boosiebadazz
Member since Feb 2008
80249 posts
Posted on 1/22/18 at 3:11 pm to
quote:

Went to one attorney and she told me it wasn’t worth pursuing.


Damn. She definitely posts here.
Posted by 756
Member since Sep 2004
14867 posts
Posted on 1/22/18 at 3:14 pm to
atty takes 40% fees and expenses will run anywhere from 10-20%- client receives balance
Posted by IonaTiger
The Commonwealth Of Virginia
Member since Mar 2006
33053 posts
Posted on 1/22/18 at 3:15 pm to
I cannot address LA as I am only admitted in DC, VA, and MD. I just found it odd when I read the OP because I had the feeling that the lawyer had never spoken with the OP about the value of his case and now OP hears his case is settled. That’s strange to me.

As to escrow accounts, that’s one area that no lawyer should mess with. Here if an escrow account doesn’t balance or a check bounced, the lawyer can kiss his license good bye. It’s the death penalty.
Posted by Breesus
House of the Rising Sun
Member since Jan 2010
66982 posts
Posted on 1/22/18 at 3:16 pm to
quote:

Catchy jingle that guy has. Now i Can't get it out of my head..

Catchy but not effective.

Everyone knows 525-8000

All I can every remember is Spencer Callahan is the one to see call something that ends in 3
Posted by tlsu15
Capital of Texas
Member since Aug 2011
10022 posts
Posted on 1/22/18 at 3:16 pm to
Ok we first went to the attorney for my wife’s accident about 6 months ago and just got a call at the beginning of the year saying they have officially filed the suit with the other persons insurance. Sounds like we shouldn’t expect anything for at least another three months.
Posted by Motorboat
At the camp
Member since Oct 2007
22683 posts
Posted on 1/22/18 at 3:16 pm to
nevermind
This post was edited on 1/22/18 at 3:19 pm
Posted by NIH
Member since Aug 2008
112642 posts
Posted on 1/22/18 at 3:17 pm to
With the client volume Callahan likely has, speaking in person about every settlement probably isn't all that easy if he is trying to be timely.
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