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After the free letters, calls and
consultations take place, individuals and their
attorneys will have to decide what course of
action to take next. In many cases,
individuals
will have no choice and litigation will
ensue. This is when plan
attorneys charge a reduced hourly rate. Plan
attorneys will either charge $125.00 per
hour, or when appropriate, give individuals a
40% discount off their usual and customary
hourly rate.
In the case of extended legal care, plan
attorneys may ask you for a retainer. Any
retainer sought will be computed by
multiplying the number of hours a plan
attorney believes a case will take, by the
appropriate discounted hourly plan rate. For
instance; 10 hours x $125.00 = a retainer of
$1,250.00. Any unused portion of the
retainer will be returned to you. |
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The contingency
fee discount will be a 10% reduction of the state
maximum rate or the attorney’s usual rate, whichever
is lower.
does not exclude any
area of the law. Many legal expense insurance
products have waiting periods, pre-existing
condition exclusions and limitations on usage. This
is due to the fact that they have financial exposure
to usage, just the same as an HMO. As such, many
types of law areas are excluded in their plans.
has no exposure and therefore takes the
opposite approach and encourages usage. In fact, 80%
of all new individuals use the legal plan within the
first 90 days after they join.
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