Having represented insurance policyholders in claims and lawsuits against insurance companies for more than 25 years, I often say that my fee arrangements with clients can sometimes be as interesting as the cases themselves. Being creative and reasonable in the structure of a fee arrangement can be important in ensuring that a client, as a policyholder, is able to make the insurance company keep the promises it is now refusing to keep.
At my firm, all clients have the option to pay as they go if they wish. This means proceeding on an hourly basis. Quite often, that is the best course of action for the client. I have found it to be extraordinarily valuable to the firm and its clients, however, to explore multiple alternative fee arrangements based on the client’s circumstances.
Creative fee arrangements
Those arrangements can include any of the following:
I have also represented a number of clients over the years who started off on a pay-as-you-go basis but converted later to a modified contingency fee or pure contingency fee arrangement.
Because I have, on multiple occasions, handled claims and litigation under almost every variation of fee arrangement, I have extraordinary experience, as does the firm, in evaluating these cases and making creative fee proposals to give clients options to consider. This has enabled the firm to effectively represent clients in matters where they may have chosen not to proceed at all, or may have chosen a different law firm and received inadequate or ineffective representation.
So, when you or your business is considering bringing a claim or filing a lawsuit against an insurance company, and wondering whether a law firm exists that handles these types of cases and is willing to do so under more than one type of fee arrangement, we could be the perfect choice for you.
While neither I nor anyone else could ever guarantee that we will come to such terms, I am happy to evaluate your situation and determine whether and under what circumstances we can best and most effectively make the insurance company keep the promises it made to you.
Having participated in a number of long-term disability trials over the years, I can tell you that the trial process is an exhilarating experience—for an attorney—but is a very daunting and painful process for you, the claimant.
Many years ago, before 1995, a professional could file a long-term disability claim on their own and likely get paid. After 1995, the industry changed dramatically. Many companies went out of business in the long-term disability space, claims were being denied and terminated like wildfire, and litigation spawned all over the country on a massive basis; a huge industry shakeup happened.
Filing a claim for long-term disability benefits is an exhausting and complicated process—especially in the early stages. Professionals need to be wary of what this process entails in order to be prepared and ensure that their claim is approved.
When you buy a policy and transfer risk to an insurance company in exchange for payment of a premium, the incidents, events, or circumstances covered by your policy are called triggers of coverage. The trigger of coverage depends on the type of policy you have.
Did you know: In addition to the Waiver of Premium benefits under your long-term disability policy(s), other policies may contain a Waiver of Premium provision? You may be entitled to Waiver of Premium benefits under a number of insurance policies.
The Chanin Building, 122 East 42nd Street, Suite 725, New York, New York 10168
Toll Free: (800) 745-1755
Phone: (212) 608-5445
666 Old Country Road, Ninth Floor, Garden City, New York 11530
Toll Free: (800) 745-1755
Phone: (516) 745-1122
Fax: (516) 745-0844