Legal Question in Workers Comp in New Jersey
Lawyers fee
In NJ is there a set fee a lawyer can charge? I'm told that a Workmans Comp fee can only be 20/80. Is this true?
1 Answer from Attorneys
Re: Lawyers fee
In New Jersey, the Attorney fee can be no greater
than 20% of the gross award. In most cases it is strictly
based upon the gross permanent disability awarded.
The Petitioner's (injured workers) actual fee is less than 20%
because the workers compensation judge divides the 20% fee usually
60% to be paid by the insurance carrier and 40% to be paid from the Petitioner's
gross award.
For example, if there is a gross permanent award of
$10,000. The attorney fee would be $2000. 60% of $2000=$1200
and 40% of $2000=$800. The Judge would usually divide up the fee
Respondent (Insurance Company) to pay $1200. Petitioner to pay
$800.
The net award to the Petitioner would be $10,000-$800=$9200
The actual fee is only 8% of the Gross Award.
There would also be deductions for the Doctors who examined
the Petitioner and provided a report.
John M. Pinho
visit the link below for the 10 Most Frequently Asked Questions in Workers Compensation.
www.njlawonine.com/workersquest.htm