Depending on the state, a medical malpractice lawsuit can be expensive or cheap. Many states have damage caps that limit the amount a patient can recover. However, in other states, there is no cap at all. If the malpractice occurred in a state that has no damage caps, a patient can receive whatever they feel is fair. For example, in Georgia, a woman lost her leg due to physician malpractice. Her physician failed to diagnose an artery problem that resulted in a pseudoaneurism after she had her ACL repaired. In addition, the woman’s leg was ruined after she underwent arthroscopic surgery.
An experienced medical malpractice attorney will typically invest $30-70k in a case. These fees include a contingency fee (a percentage of the overall recovery) and the costs of hiring an expert witness. These experts will often spend 20 to 30 hours working on the case. There are also other expenses involved, such as deposition transcripts and photocopies. A trial and jury consultant may also cost several thousand dollars.
Lawyers may charge a percentage of the award for their services. A typical percentage is 33 percent. However, in some states, contingency fees are limited to a certain amount. This is known as “sliding scale” agreements, and may require a plaintiff to pay more than the actual amount of damages. For example, a lawyer’s fee may increase if the case is settled before the pre-trial phase, while a smaller percentage may be required if the case proceeds to trial.
In one case, a woman was awarded $8,000,000. Her doctors failed to properly diagnose a small bowel obstruction, resulting in multiple surgeries, a kidney transplant, and systemic infections. Another medical malpractice case resulted in a $2,750,000 settlement for the estate of her late husband, who died on the operating table during back surgery. Ultimately, hepatic encephalopathy led to the plaintiff’s death.
In the case of a medical malpractice lawsuit, it may be possible for a plaintiff to pursue a lawsuit on their own. However, it is important to note that these cases can be complex, expensive, and time-consuming. Hiring a lawyer can ensure that your case is filed successfully and you receive your desired financial compensation. As a result, a plaintiff should carefully consider all costs before hiring a medical malpractice lawyer.
A lawyer will charge you an hourly fee, which is contingent on the outcome of the case. The hourly fee is paid to a lawyer based on the hours they spend on the case. This fee covers the attorney’s expenses, including expenses. In addition to the hourly rate, you may need to hire an attorney if you’re looking to bring a medical malpractice lawsuit against a medical professional.
There are a variety of factors that determine the cost of a medical malpractice lawsuit. The most common is that there are multiple parties involved and many sources of funds. Liability insurance companies stand to lose money if a physician is found guilty of malpractice. The medical malpractice attorney’s financial incentive to win a case is in direct conflict of interest with their own financial interest. Additionally, lawyers are usually incentivized to settle for less than their case is worth.
While the financial burden associated with a medical malpractice lawsuit is generally high, many victims choose to bring it themselves. Unfortunately, this can be costly and places a great deal of strain on the plaintiff. However, it is often necessary to seek legal representation to ensure your rights are protected. If you or a loved one has suffered a medical malpractice, it’s worth it. You deserve compensation for the pain and suffering you’ve endured.