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Received 202.5K in checks today (CSLG)

https://imgur.com/a/BzrUHIN Taking questions.
Territorial nowag
  05/26/18
That $85k check was mistakenly double printed. Better take b...
vivacious flushed partner reading party
  05/26/18
Was a father and son in the same accident. They both settled...
Territorial nowag
  05/26/18
Assuming it's a minor son, do you have to set up trusts for ...
vivacious flushed partner reading party
  05/26/18
Both were adults. If the settlement is over 5k and the perso...
Territorial nowag
  05/26/18
Comment on my thread, bro. http://www.xoxohth.com/thread...
Odious costumed casino
  05/26/18
Just checked it out. Honestly, I'm too busy grinding car acc...
Territorial nowag
  05/26/18
Are those your cut of fees or total settlements?
smoky athletic conference
  05/26/18
Fees on those cases were 67.5K. They all settled pre-lit so ...
Territorial nowag
  05/26/18
Below average Saturday for you
Navy Irate Dysfunction Center
  05/26/18
How's your vacation?
Territorial nowag
  05/27/18
Quick q: generally speaking, how much do your cases settle f...
Demanding Patrolman
  05/27/18
Soft tissue generally 1.5-2x meds (sometimes even 1x meds if...
Territorial nowag
  05/27/18


Poast new message in this thread



Reply Favorite

Date: May 26th, 2018 7:21 PM
Author: Territorial nowag

https://imgur.com/a/BzrUHIN

Taking questions.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133135)



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Date: May 26th, 2018 7:23 PM
Author: vivacious flushed partner reading party

That $85k check was mistakenly double printed. Better take both checks to the issuing bank ASAP and get them cashed before anyone catches on.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133144)



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Date: May 26th, 2018 7:24 PM
Author: Territorial nowag

Was a father and son in the same accident. They both settled for 85K.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133152)



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Date: May 26th, 2018 7:26 PM
Author: vivacious flushed partner reading party

Assuming it's a minor son, do you have to set up trusts for them?

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133161)



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Date: May 26th, 2018 7:26 PM
Author: Territorial nowag

Both were adults. If the settlement is over 5k and the person is a minor you have to have a blocked account set up.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133166)



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Date: May 26th, 2018 7:24 PM
Author: Odious costumed casino

Comment on my thread, bro.

http://www.xoxohth.com/thread.php?thread_id=3984898&mc=62&forum_id=2

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133151)



Reply Favorite

Date: May 26th, 2018 7:28 PM
Author: Territorial nowag

Just checked it out. Honestly, I'm too busy grinding car accidents to do something I don't know very well. Doesn't make much economic sense for me. I have a good formula and pipeline now, so things are pretty easy.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133172)



Reply Favorite

Date: May 26th, 2018 7:24 PM
Author: smoky athletic conference

Are those your cut of fees or total settlements?

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133153)



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Date: May 26th, 2018 7:26 PM
Author: Territorial nowag

Fees on those cases were 67.5K. They all settled pre-lit so 33%.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133163)



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Date: May 26th, 2018 7:26 PM
Author: Navy Irate Dysfunction Center

Below average Saturday for you

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36133165)



Reply Favorite

Date: May 27th, 2018 3:14 PM
Author: Territorial nowag

How's your vacation?

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36136464)



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Date: May 27th, 2018 3:28 PM
Author: Demanding Patrolman

Quick q: generally speaking, how much do your cases settle for when compared to medical bills? 2x? 3x?

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36136527)



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Date: May 27th, 2018 4:54 PM
Author: Territorial nowag

Soft tissue generally 1.5-2x meds (sometimes even 1x meds if they are super inflated and the PD is low). 3x meds on soft tissue injuries don't really happen that often in California anymore. Instead you just have super high bills and get 1.5-2x meds and then cut the bills a significant amount post-settlement.

On hard injuries (breaks/scars/surgery), anywhere from 3x-20x (or more) meds. For example, I have a microdiscectomy case going to mediation next month. Meds are only 150k but I expect the case to settle in mid-high six figures. I have had scars on children with a few grand in meds settle for 30-50k in the past.

(http://www.autoadmit.com/thread.php?thread_id=3987263&forum_id=2#36136912)