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When To Hire A Personal Injury Lawyer

Average a claim that’s handled by a personal injury lawyer settles for 400% more than a claim that is handled by an individual without a lawyer.

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However, there are some pretty significant advantages to having a lawyer help you with your claim.

An often-cited study by a major insurance company shows that on average a claim that’s handled by a personal injury lawyer settles for 400% more than a claim that is handled by an individual without a lawyer.

When to hire a personal injury lawyer

This study is the major reason that insurance claims adjusters are so aggressive in trying to get individuals to resolve their claims before lawyers get involved.

Remember the basic rule of insurance companies

They are in the business of making money. Insurance companies sell insurance products. They generate revenue from consumers paying them for the insurance. Their costs occur when they have to pay claims.

Therefore, for insurance companies to make massive profits they want to sell as many policies as possible and deny paying as many claims as possible.

These are billion-dollar companies that have been making record profits year after year. To put it in perspective, State Farm saw a $3.2 billion increase in net income between 2011 and 2012. Insurance companies are very good at denying or settling claims for pennies on the dollar.

Now, lawyers do cost you money on the backend of your case—which we’ll talk about a little later. For an average claim, a lawyer will take 33% of the recovery.

The success of any legal matter depends on the unique circumstances of each case, therefore, we cannot guarantee particular results for future clients.

So, let’s do some quick math. For example, let’s say a claim resolves for $25,000 with a lawyer.

Let’s assume that the average claim aa lawyer settled for 400% more than for which the claim would have settled without an attorney. In this example, the individual would have received a $6,250 settlement (before the medical bills are paid!) without a lawyer.

The attorney would take a settlement fee of $8,325, leaving $16,675 in gross recovery for the client (before any medical bills are paid). In this example, the net recovery for someone who works with an attorney is on average $10,000 more than what that person would have received without a lawyer.

Now, there are certain situations where it might be worth it for someone to try to resolve his or her case without a lawyer. For example, cases, where the medical bills are a couple of thousand dollars or less and the person, does not have a permanent injury. In Florida, if someone does not have a permanent injury, he or she cannot ask for compensation for pain and suffering and loss of enjoyment of life. It is these damages that significantly increase the value of a personal injury claim.

Next, we discuss what to look for when hiring a personal injury lawyer.

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Christine E.
Christine E.
19:36 05 Dec 19
This past Tuesday, I got into a car accident that was frankly, quite scary. The experience left me disoriented, shaken, and overwhelmed with what "next steps" needed to be taken. Thanks to Nicole Pearlman, and the whole Denmon & Pearlman team, I didn't have to worry about those next steps. They quickly took over and set me up with medical appointments, a rental car, car inspection.... leaving me the ability to focus on spending those initial hours processing the accident and later, days spent on healing physically and emotionally. In a world where billions of people reside and yet we still often feel alone, that was never the case during this chaotic week. Never did I once feel alone in this whole process and I am incredibly thankful for their kindness to my nephew and I and their expertise in these matters. Denmon & Pearlman, especially Nicole Pearlman, WILL be there for you during life's most challenging experiences.
Nichole P.
Nichole P.
14:37 18 Apr 19
Ashley Boisvert was so great to work with when it comes to dealing with a not so great situation! I highly recommend Denmon & Pearlman.
John A.
John A.
16:50 20 Mar 19
I had to resolve an issue with real estate created by my divorce lawyer’s mistake. We interviewed 4 other attorneys who were non commital about what they could do, a couple said I should pay off my ex to resolve.Paul Knudsen in the New Port Richey office looked at the case and felt we had a valid case and was confident he could help. He did just that ! Resolved the situation AND got half of my legal fees from my ex. He’s very smart and well respected in the courts. Definitely has our highest recommendation!!
Carly M.
Carly M.
13:47 01 May 18
Nicole Denmon handled my criminal defense case and her tenacity at getting the desired result exceeded far beyond what I ever thought to hope for. Even after I had given up, Nicole persisted in negotiating my case until she was able to get the ideal outcome for me. I have never had an attorney fight for me the way that Nicole did, and weeks later I am still amazed at the perseverance and level of dedication shown by Nicole and her supporting staff. Thank you Nicole!
Josh F.
Josh F.
16:12 09 Jun 17
Great group of attorneys. They are very knowledgable and quick. I got responses to my questions immediately and they actually seem to care about their clients. I would highly recommend them.
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