COST OF LITIGATION EXCEEDS RECOVERY

COST OF LITIGATION EXCEEDS RECOVERY

COST OF LITIGATION EXCEEDS RECOVERY 150 150 Lauren Ellerman

That is lawyer speak for:

“technically, you may have a case but I don’t think it is worth my time, or your time, to spend two years on it when you are not going to get much of money.”
Example:
Broken Bone case – eventually heals, $7,000 in medical bills and $3000 in lost wages
Total damages: $10,000
No permanent injury
Jury award will be between $10,000 and $75,000
Total Cost of experts: $10,000
Attorneys fees: 40%
Copy Costs after 2 years: $2000
Court reporters: $4000
Total costs to litigate case — may be GREATER THAN your damages or potential for recovery
So why spend two years in court to lose money?
For the principle of it?
To make a point?
I wouldn’t recommend any activity that takes two years, just to make a point!
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About the author

Lauren Ellerman

In 2011, Lauren Ellerman was named "Young Lawyer of the Year" by the Roanoke Bar Association for her work in the community. To speak with Lauren about your personal injury case, contact her at lellerman@frithlawfirm.com.

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