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How are Disability Attorneys Paid on a Lump Sum Settlement Negation?

Most disability insurance attorneys are paid on contingency. That means they are paid a percentage of the benefits they recover. In the situation of a lump sum settlement while a claimant is on the claim, also known as a buy-out, attorneys are typically paid a percentage of the lump sum settlement. This is usually worked into the fee agreement in place between the attorney and the client.

Sometimes clients come to us after receiving a settlement offer from their insurance company. At that point, we may be able to negotiate a higher settlement amount from the amount offered. In that situation, the fee is based on the difference between the offered amount and the higher negotiated amount.

Whether you are on claim and represented by counsel or on a claim and handling it yourself, a lump sum settlement may be a good option for you. A lump sum settlement is a final payment. Once you agree to it and sign the release, you and your insurance company part ways entirely and you will no longer receive benefits or have coverage.

If you have received a settlement offer from your insurance company or are interested in obtaining a settlement, contact a disability insurance attorney who can guide you through this process.

Lawyers with Expertise in Disability Insurance Claims

This law firm has always focused only on disability insurance law.

Because we specialize in long term disability, our clients get the benefit of:

  1. Having an attorney who is an expert in long term disability claims;
  2. Having an attorney who has experience with every major disability insurance company;
  3. Being backed by a law firm that has a proven track record of winning tough disability lawsuits.

Call Dabdoub Law Firm to get experienced disability lawyers on your side.

We can help with:

The firm represents clients nationwide with disability claims governed by federal law, even if we are not located in your state.

Call to speak with an experienced disability attorney. Pay no fees or costs unless you get paid.