Legal Question in Workers Comp in Maryland
How much do I pay out of my settlement to my lawyer
Once I have reached a settlement how much of this amount is my lawyer entitled to and how is this fee determined.
1 Answer from Attorneys
Re: How much do I pay out of my settlement to my lawyer
The attorney's fee is controlled by a formula set forth in the worker's compensation law. The attorney can request a fee up to the maximum allowed in the statute, which is generally $7500. The fee will be a product of the value of the award he negotiated or won for you. He/she will ask you to consent to the fee petition, and will then submit it to the workers' comp commission for approval. Once approved, the fee will come off the final weeks of the settlement. If you've negotiated to receive a lump sum, it will be deducted from that amount.