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2. You want to hire me because your 11yr. old son has been injured as a result of slipping and falling on poorly shoveled snow on a sidewalk in front of the local pizza parlor, but once again, you'd prefer a contingency fee agreement to my hourly rate and retainer. This time I advance you $1,000 out of my own pocket to get the usual records and reports, and to cover the other costs associated with bringing the case to Court. The responsibility of the pizza parlor is pretty clear, and your son's injury is more serious than the injury you sustained in your automobile accident, but he's expected to improve over time, so you decide to settle his case for $81,000, and the Court approves the settlement. I would receive a $1,000 reimbursement of my out of pocket expenses, plus a $20,000 fee (25% of $80,000 balance), and your son would receive the remaining $60,000 in compensation for his injury, which would be deposited in a special Court-managed, interest bearing account until your son's 18 th birthday.
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