WHAT DOES REPRESENTATION COST?
FEDERAL LAW STATES THAT AN ATTORNEY FEE IS CONTINGENT BASED UPON THE SUCCESSFUL COMPLETION OF THE CLAIM. THE FEE IS SET AT $4,000, OR 25% OF RETROACTIVE LUMP SUM BENEFITS WHICHEVER IS LESS. THIS FEE IS THE MAXIMUM OF THE CLAIMANT’S CASE AND ALL DERIVATIVE CLAIMS, SUCH AS DEPENDENT CHILDREN. IN OTHER WORDS, WHEN A CLAIMANT SUCCEEDS, HE WILL RECEIVE LUMP SUM BENEFITS FOR PAST DUE MOINES OWED, AND SO WOULD HIS MINOR CHILDREN. THE TOTAL FEE FOR ALL PARTIES MAY NOT EXCEED 25%, OR $4,000 WHICHEVER IS LESS.
