How Do Settlements Get Paid Out?

People often ask me, ‘How do settlements get paid out in injury cases?’ And it’s actually quite simple. After we develop these cases, we send all the medical bills, medical reports, lost wages, and everything like that. We enter into settlement negotiations to try to get as much compensation as we can. But once we are able to reach a resolution, a settlement, the insurance company will send the check to us. Then, our goal is to hopefully settle this case for fair value. But once we settle the case, our job is not over. We do our best to put as much money in our client’s pocket as possible. One of the things we do is we try to get the medical bills reduced. This will add value to our client. Ultimately, after we settle the case, we have the insurance company send us the check. We will deduct whatever fees and expenses from it. Then, the client comes in, signs the paperwork, and then we hand them a check.