The sweet smell of victory must drift upon those who have just settled a case or won a judgement in a personal injury lawsuit. They probably feel pretty vindicated after all that time working their way through the complexity of such a thing. However, it is not all completely done until the check has been cashed.
A lot of people wonder if they can get a copy of the settlement check from their personal injury attorney. Is it possible for them to see that check with that money written on it like that? The answer to these questions is yes. In fact, the court will issue copies of the check to both your personal injury attorney and to you. You must then endorse the check and cash it for the settlement to be finalized.
Clients have the option to sign over Power of Attorney to their personal injury lawyer if they choose to do so says personalinjurylawyerslosangles.com. Most people do not decide to take this option though. They prefer to just wait the thirty days or so that it takes the court to issue the check. Once they have the check in hand they will simply sign it themselves and get their cash.
Your personal injury lawyer will look over the final numbers once the check has been deposited. He or she will then take out the money that they have earned for their role in this case. You will already have some type of payment agreement set up and signed with the attorney before they ever take this step. It could be a certain percentage that the attorney takes, or it might be a calculation based on the time and effort they put into the case. Either way, this is the moment when the lawyer gets his or her cut.
Huge settlements with the court might entail a slightly different process. Every big settlements are tough for an insurance company to pay out all at once. They may prefer to pay out annually for some period of time. This is something that the insurance company could ask the court to set up for them. In this event, you would not receive all of your money at once, but would instead have to settle for yearly payments of some of the money until it was all paid up. You would still be getting the full amount you are entitled to, it would just take a little longer to make that happen.
Any personal injury law firm worth its salt will happily provide you with copies of the settlement check issued by the court. If they are refusing to do so for whatever reason, then you may have cause for legal action against that firm. Of course, you would probably like to avoid this entirely if you can do so. It is never a great thing to be consistently involved in lawsuit after lawsuit. The best way to avoid this is to choose a reputable firm to use in the first place. There is no reason any reputable firm would not turn over a copy of that check.
It is a good idea to talk with your attorney before your case ever proceeds to see what their accounting practices are. You want to know what they expect of you and what you can expect of them. Put another way, you want to be sure that you are both agreeing to the same arrangement when you first set up your agreement with them. If that is the case, then no one leaves the table feeling sour about things at all. That is the most professional way to conduct business, and it is the only way that you know that you will get full value out of this business relationship. Everything should be clear and straightforward on who is getting paid how much and why.