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Wednesday, October 26, 2022

BREAKING NEWS

Billboard lawyers screw clients and doctors (see below, real retainers)

Two infamous billboard lawyers use outrageous retainer agreements when signing up unsophisticated clients in PI cases.


Billboard Lawyer 1: Extra Charges


Charging the client for “signing up" their case is absolutely unheard of. Normally, an attorney will charge 1/3 of the settlement, which includes resolving the property damage and sending an agent to ‘sign up’ the case.


Here, this billboard lawyer charges $500 for the privilege of accepting the PI case, then another $350 for doing their job negotiating the car damage. 


Have a look at the actual contract:

Billboard Lawyer 2: Undocumented Costs Sky High


This billboard lawyer settled the case for nearly $1,000,000, but charges an unbelievable, over $112,000 in undefined "costs". There is no mention of a trial or of hiring expert witnesses for trial. The poor client should complain to the State Bar about the greedy grabfest. 


Have a look at the actual settlement contract:

We appreciate the doctors who sent us this valuable intel.

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Another Shady Referral Scheme

A “consultant” group is offering a referral deal to California doctors. But there are a number of troubling items in the agreement that the doctor is supposed to sign.


The agreement calls for the doctor to retain the services of consultant to "provide business development, marketing..." That language always gets my attention when placed in a personal injury context. This smells like a paying for cases scheme. 


Additionally, the doctor authorizes the "consultant" to negotiate all liens on their behalf. The consultant will secure 1/3 of the PI settlement then pay all the doctors a pro-rata portion on the PI liens. 


This sounds like the third, third, and third squeeze that always hurts doctors. We discussed this dishonest approach by unscrupulous lawyers before. 


Then, the consultant charges a whopping 25% ‼️


We cannot think of any advantage for the PI doctor to sign up with such a "consultant". No matter how hard the treating doctors work or how “good” is the case, doctors will automatically face a major reduction of their fees. 


Should you want to see a copy of their proposal email johntawlian@shawnsteel.com.


Thanking Dr. Scott for sending us this potentially disastrous referral scheme.

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